Adidas Profit Jumps

Adidas Earnings Jump After Strong Sneaker Sales in Holidays
Adidas AG reported better-than-expected results amid the sustained boom for retro sneakers like the Samba and more sales from its shrinking stockpile of Yeezy footwear.
Adidas Reports Fourth-Quarter Sales and Profitability Gains
Adidas reported sales of 5.956 billion euros ($6.2 billion) for the quarter, up from 4.812 billion a year ago. For the full year, Adidas said revenue was up 12% in currency-neutral terms, hitting 23.683 billion euros ($24.7 billion). Profitability improved with the gross margin rising by 3.3 percentage points to 50.8%.
Adidas Q4 earnings increase after strong sneaker sales in holiday season
Currency-neutral revenue reached €6 billion for the quarter, higher than the €5.3 billion average of analyst estimates. The company’s American depositary receipts surged as much as 5.6 per cent after the close of trading in Europe.
Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter
The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.
Adidas seals turnaround year with strong fourth-quarter sales
Adidas reported what it said were better than expected preliminary fourth-quarter results on Tuesday, with strong sales and profitability for the important holiday shopping period, sealing a successful turnaround year.
Adidas Sees Strong Finish to 2024 With Revenue and Profit Surge
Adidas wrapped up 2024 on a high note with better-than-expected results in the fourth quarter. According to the German athletic company's preliminary results for Q4 2024, Adidas saw revenues grow 24 percent in the period to 5.
Adidas Swings to Operating Profit After Sales Jump
The German sporting-goods company posted an operating profit €57 million in the fourth quarter compared with an operating loss of €377 million a year earlier.
Adidas Makes A Big Push Into The Pickleball Market With Staksrud Sponsorship
An in-depth discussion with All Racquet Sports, the manufacturer behind the adidas pickleball line, discussing their ...
Adidas profit surges five-fold as it moves past Kanye West split
Adidas’ operating profit jumped five-fold last year as the German sportswear company continues to move past the turmoil from ...
Adidas Says Operating Profit Rose Five-fold In 2024
Adidas on Tuesday said that its operating profit jumped five-fold last year, as the German sportswear giant moves past a crisis triggered by its split from musician and entrepreneur Kanye West.
EQS-Adhoc: adidas finishes successful year with better-than-expected fourth quarter results
adidas finishes successful year with better-than-expected fourth quarter results. adidas today announced preliminary result ...
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adidas Drop Special Edition ‘Year of The Snake’ Predator 25
As the Lunar New Year is almost upon us, adidas have released a special edition Predator 25 to celebrate the upcoming ‘Year ...
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This Understated Collab Proves Adidas’s Most Storied Sneaker Still Has Legs
Peak Samba hype may be behind us, but Adidas and Lionel Messi have collaborated on the most stylish color scheme yet.
Lamine Yamal, the brand, and how Adidas used Lionel Messi to help sign Barcelona superstar
Yamal has established himself as one of the best players in the world at the age of 17 and big brands are queing up to be part of his rise ...
adidas Makes Decisive Move Following Kanye West’s Latest Yeezy Rant
Adidas responded after Kanye West blasted the sportswear giant in a scathing Instagram rant over his Yeezy brand.
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This Futuristic New Adidas Sneaker Is Getting Buzz on Social Media
One such example is the new Adidas XLG MTW, a sneaker that's been generating considerable buzz on social media but appears as ...