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Q4, Adidas and Growth
adidas AG shows 19% revenue growth in Q4
Buoyed by better-than-expected preliminary Q4 results, shares of adidas AG (ADDYY, ADDDF) were nearly 5% higher on Tuesday, setting a three-month-high.
Adidas Issues Preliminary Results for Q4, Records 19% Revenue Growth
AG ADDYY posted preliminary results for the fourth quarter of 2024. In the same quarter, currency-neutral revenues rose 19%. In euro terms, the company’s revenues grew 24%. Excluding Yeezy, revenues on a currency-neutral basis jumped 18% year over year.
adidas reports strong Q4 and full-year growth in 2024
The company returned to operating profit, registering €57m in Q4 FY24 against an operating loss of €377m a year previously.
Adidas To Cut 500 Corporate Jobs
Adidas plans to cut up to 500 jobs at German headquarters - report
Adidas (OTC:ADDYY), the world's second-largest sportswear maker, is planning to reduce its workforce at its headquarters in Herzogenaurach, Germany, by up to 500 positions, Reuters reported, citing a source familiar with the matter.
Adidas to cut up to 500 jobs after posting better than expected holiday profits
Adidas plans to cut as many as 500 jobs at its corporate headquarters in Germany in a bid to simplify its business — not to cut costs.
Adidas Set to Cut Jobs at German HQ in Aim to ‘Simplify Operations'
In a statement sent to FN on Thursday, an Adidas representative noted that these job cuts are not part of a cost savings program but instead are aimed at "reducing complexity and
9h
Puma and Adidas Share Price Performance Gap Gets Even Wider
The gulf in performance between Adidas AG and Puma SE shares since Bjorn Gulden hopped between the German sportswear makers ...
14h
adidas AG (0OLD) Gets a Hold from Goldman Sachs
Goldman Sachs analyst Richard Edwards maintained a Hold rating on adidas AG (0OLD – Research Report) today and set a price target of €280.00.
1d
on MSN
Big strides: Adidas gains again as analysts point to brand heat
Adidas AG (OTCQX:ADDYY) (OTCQX:ADDDF) rose again on Wednesday as the investors and analysts latched on to the ...
12h
Puma Plunges After Profit Warning Highlights Adidas’s Lead
Puma SE shares plunged after the German sportswear company reported disappointing earnings and pushed back profitability ...
13h
Adidas to axe up to 500 jobs at headquarters, source says
Adidas CEO Bjoern Gulden plans to cut up to 500 jobs at the German sport retailer's headquarters in Herzogenaurach, a source who took part in a meeting where the figure was announced told Reuters on ...
1d
on MSN
Adidas Surges After Holidays Lifted Sales of Sneakers
Adidas AG reported better-than-expected results amid the sustained boom for retro sneakers like the Samba and more sales from ...
1d
J.P. Morgan Sticks to Its Buy Rating for adidas AG (0OLD)
J.P. Morgan analyst Olivia Townsend maintained a Buy rating on adidas AG (0OLD – Research Report) today and set a price target of €275.00. The ...
1d
Adidas Sees Solid Gains In Q4, Looks To Expand Market Share
German sportswear brand adidas AG posted strong growth in Q4, with revenue up 19% in currency-neutral terms and 24% in euros, ...
1d
on MSN
Adidas has ‘brand heat,’ analysts say. It’s a hot stock, too.
Adidas stock rallied on Wednesday as the apparel maker said its fourth-quarter results would come in ahead of estimates.
Hosted on MSN
1d
Adidas Reports Q4 Profit, Stock Soars 6% Amid Retro Sneaker Boom
Adidas AG reported an operating profit in the fourth quarter, rebounding from a loss the prior year, and exceeded its ...
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