adidas AG ADR
ADDYY: OTCM (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ?>$ | LOCK|>%?h# | LOCK|L&<#&!< |
Adidas Earnings: Stellar Performance Tempered by Macroeconomic Concerns; Shares Undervalued
Adidas' third-quarter sales (EUR 6.63 billion) and operating margin (11.1%) matched its preliminary report of Oct. 21. The firm also held its full-year guidance of 9% constant-currency sales growth and EUR 2 billion in operating profit.
