Adidas raises 2024 guidance again, citing good brand momentum
Adidas on Tuesday raised its full-year sales and profit guidance, citing better than expected performance in the third quarter and good brand momentum as it benefits from demand for its retro three-striped Samba and Gazelle shoes.
Adidas Raises Guidance on Better-Than-Expected Results
Adidas raised its earnings and sales guidance for the year, citing better-than-expected results for the third quarter and brand momentum. The German sportswear company said Tuesday that it now expects operating profit for 2024 to be at around 1.
Adidas Raises Outlook For Third Time In 2024 As Sales Rise
German sportswear giant Adidas on Tuesday raised its full-year revenue outlook for the third time this year after registering a "better-than-expected performance" in the most recent quarter.
adidas shows better-than-expected Q3 numbers, raises guidance
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German sportswear brand Adidas raises annual forecast again
After a better-than-expected third quarter, German sportswear manufacturer Adidas has once again raised its forecasts for the current year. The company announced after the market closed from its headquarters in the Bavarian town of Herzogenaurach on Tuesday that operating profit is now expected to reach around €1.
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Adidas Posts Early Earnings Surprise on Samba Wave
They can’t keep surprising to the upside,” said one analyst. The post Adidas Posts Early Earnings Surprise on Samba Wave ...
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Adidas momentum continues with 7% sales growth
Preliminary results for the third quarter also showed that, excluding Yeezy sales from this year and last, currency-neutral revenue surged 14%.
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The Ultimate Guide to the Latest Yeezy Sneakers: Elevate Your Style and Comfort
Choosing the perfect pair of Yeezy sneakers depends on your personal style, comfort preferences, and intended use: For ...
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Kanye West's Net Worth: How Much Did Controversy Cost Him?
Kanye West became a billionaire in 2020, mainly due to the success of his Yeezy-Adidas partnership, which was valued at $1.5 ...
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Adidas Elevates Profit Projections Amidst Strong Footwear Demand
The financial boost is attributed to the soaring popularity of Adidas’ Samba and Gazelle models. Sales have risen by 7%, reaching a substantial £5.39 billion. The company’s strategic focus on these ...
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Yeezy Season: Kanye West And The Art Of Design Thinking
On December 2 nd, Footwear News will honor Kanye West with the “Shoe Of The Year Award", acknowledging the success and cultural imprint of his Adidas Yeezy Boost. “The sneaker releases ...
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Is Dingyun Zhang Filling the Post-Yeezy Void for adidas?
Dingyun Zhang has teamed with adidas again, releasing 2 new Sambas and a very radical, futuristic Dingyun Zhang x adidas ...
Adidas Lifts Profit Target Again Amid Retro Sneaker Demand
Adidas AG raised its annual profit target for the third quarter in a row amid the sustained boom for retro sneakers like the ...
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A Comprehensive Guide to Yeezy Shoes: Reigning Supreme in the Goat of Sneakers
The Yeezy saga took its inception in 2009, borne out of a visionary partnership between renowned rapper and fashion icon ...
Adidas AG’s Robust Growth and Financial Health Justify Buy Rating
Cedric Lecasble, an analyst from Stifel Nicolaus, maintained the Buy rating on adidas AG (0OLD – Research Report). The associated price ...