adidas Raises Sales Forecast for Third Time This Year
adidas on Tuesday increased its 2024 sales forecast after reporting better-than-expected results in the third quarter of this year, according to Reuters.
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.
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.
‘The brand heat is undeniable.’ What analysts are saying about the latest beat-and-raise at Adidas
Analysts drew contrasts with Nike’s struggling performance after Adidas reported another beat-and-raise quarter.
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Seventy-year old shoe pushes Adidas over forecasts
Adidas has raised its outlook after an excellent third quarter. The Yeezy debacle seems to be in the past, thanks to a very ...
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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%.
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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Adidas ups full year guidance after positive Q3 2024
Adidas has reported a robust Q3 2024 with currency-neutral revenues up 10% year-on-year. In euro terms its revenues grew 7% from €6bn ($6.54bn) to €6.44bn. Excluding the impact of Yeezy sales, ...
Footwear News on MSN1d
Adidas Is On a Roll: Company Raises Full-Year Revenue Outlook After Strong Q3
Adidas had raised its guidance for the year once again after reporting better-than-expected preliminary results for the third ...
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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 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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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 ...