adidas AG ADR

ADDYY: OTCM (USA)
View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
S@#LOCK|G#<FLOCK|r#^><^L

Adidas: Preliminary Results Provide Confidence in Durable Turnaround; Shares Attractive

Adidas released preliminary third-quarter results of EUR 7.252 billion in sales (up 9%), a 54.3% gross margin (up 250 basis points), and EUR 1.008 billion in operating profit (13.9% margin, up 280 basis points). Profitability was boosted by approximately EUR 200 million in tariff refunds.

Sponsor Center