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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Unparalleled Style and Comfort. Introduction. Stepping into the world of Yeezy shoes for women is an experience that ...
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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 Spotting Fake Yeezy Shoes: Protect Your Investment
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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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Kanye West Yeezy loss is hurting us, admits Adidas
West designed trainers under the Yeezy brand and Adidas said the loss of the business cut sales by €400m (£350m) in the first quarter of the year. Overall, total revenue fell by 1%. Despite the ...
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 ...
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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 ...