Streetbeat News

ADDYY

Adidas AG

https://www.adidas-group.com/

CEO

Kasper Rorsted

Industry

Hosiery and Sock Mills

Open

123.57

Mkt cap

43B

Volume

1.3K

High

123.57

P/E Ratio

52.63

52-wk high

137.73

Low

121.16

Div yield

0.00

52-wk low

103.71

Puma shares dropped 20% after issuing a second warning in two months about slow growth in 2025 due to global trade tensions, currency swings, and economic uncertainty.

Portfolio Pulse from

March 12, 2025 | 8:45 am

Liverpool has signed a multi-year kit deal with Adidas, replacing Nike. The agreement is reportedly worth over 60 million pounds annually and will start next season.

Portfolio Pulse from

March 10, 2025 | 10:15 am

The article is a transcript of adidas AG's Q4 2024 earnings call, featuring discussions from company executives and analysts from various financial institutions.

Portfolio Pulse from

March 05, 2025 | 8:45 pm

Adidas CEO Bjorn Gulden warns that additional U.S. tariffs on imports could lead to higher prices and reduced consumer demand, impacting sales volumes. The company is already dealing with tariffs from the Trump administration on China, Canada, and Mexico.

Portfolio Pulse from

March 05, 2025 | 11:00 am

Adidas has sold the last remaining pair of Yeezy trainers, over two years after ending its partnership with Kanye West.

Portfolio Pulse from

March 05, 2025 | 11:00 am

Adidas AG reported strong financial results for 2024, with an 11% increase in revenue to €23.6 billion. The final sale of Yeezy inventory contributed €200 million to operating profit, despite being lower than the previous year's €300 million.

Portfolio Pulse from

March 05, 2025 | 9:00 am

Adidas has completed the sale of its last pair of Yeezy sneakers, concluding the liquidation of the shoe line developed with rapper Ye. This marks the end of Adidas' association with the Yeezy brand after cutting ties with Ye in October 2022.

Portfolio Pulse from

March 05, 2025 | 7:15 am

Adidas anticipates a sales growth of up to 10% in 2025, following a robust 2024. The company expects continued double-digit growth for the adidas brand.

Portfolio Pulse from

March 05, 2025 | 7:00 am

Adidas reported a 19% increase in fourth-quarter sales, surpassing expectations with revenues of $6.34 billion. The company is focusing on expanding its market share in North America as Nike faces declining sales and retailers shift away from China.

Portfolio Pulse from

March 05, 2025 | 7:00 am

Nike is focusing on performance wear to boost sales and reclaim its edge in the sports apparel market. Analysts suggest that Nike can learn from its past struggles with Adidas, where it overcame challenges by increasing product launches.

Portfolio Pulse from

February 17, 2025 | 10:45 am

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