adidas AG

adidas AG engages in the design, distribution, and marketing of athletic and sporting lifestyle products. It operates through the following geographical segments: EMEA, North America, Greater China, Asia-Pacific, Latin America, and Other Businesses. The Other Businesses segment includes the activities of the Y-3 label and other subordinated businesses. The company was founded by Adolf Dassler in 1920 and is headquartered in Herzogenaurach, Germany.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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Adidas will not end its partnership with Germany's DFB soccer association after controversy over 'One Love' armbands following grocery chain Rewe's decision to suspend its advertising due to the row.

Adidas: to keep partnership with German soccer association after armband row

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Adidas has lured Puma CEO and former pro soccer player Bjørn Gulden to become its new CEO. The market reacted favorably to this news, here's why.

Puma Lost It's CEO To Rival Adidas, Or Did Adidas Just Steal Him Back?

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How is the holiday shopping season shaping up?

How Retailers Are Navigating Inventory Pileups

Adidas has its target price increased by the Royal Bank of Canada (TSX:RY) (RBC), which is “looking forward to new leadership approach” following the Kanye West debacle. Specifically, former Puma boss Bjorn Gulden becoming CEO should offer some relief, although the turnaround will take time.

Adidas's new leadership will provide some Yeezy relief, says RBC

Experiential retail has become ubiquitous across the United States, but Canada tends to get left behind when it comes to new and trending retail. Adidas aims to fill that void with its new 13,000-square-foot location at the Toronto Eaton Centre.

Toronto's New Adidas Store Is Setting The Stage For Experiential Retail In Canada

The move could save Adidas over $300 million in royalty payments.

Adidas says it will relaunch Kanye West's shoe designs without the Yeezy name

Harm Ohlmeyer, the CFO of Adidas AG, discussed the future of Yeezy sneaker designs on the retail giant's third-quarter earnings call held on Wednesday.

Adidas exec talks Yeezy design future on earnings call

Adidas AG is “no longer living on Yeezy Street” said Deutsche Bank, which cut its full-year earnings-per-share forecasts by 30%. Analysts at the bank also trimmed their target price to €160 from €165, although maintained a 'buy' position on the stock, believe most the issues are well known and earnings have “troughed” through the current financial year.

Adidas 'no longer living on Yeezy Street' said Deutsche Bank

Kyrie Irving and Kanye West presented similar crises for the sneaker giants. Why were the companies' responses so different?

The Other Shoe Drops at Nike and Adidas

Adidas AG said it will continue to release ‘Yeezy' style designed shoes, despite ending its partnership with Kanye West last month. The German sports and fashion company said it is the “sole owner” of the Yeezy design and plans on making them next year.

Adidas to continue making Yeezy products despite cutting ties with Kanye West

Adidas says it plans to continue releasing shoes designed in collaboration with Kanye West without the Yeezy brand, despite ending its partnership with the rapper last month.

Adidas to sell Yeezy designs under new name after Kanye West split

On Monday, German athletic apparel company Adidas (DE:ADS) (US:ADDYY)said it named  Bjorn Gulden from rival Puma as its new chief executive officer.

Adidas Names Puma Boss Its New Chief Executive

adidas AG (OTCQX:ADDYY) Q3 2022 Earnings Conference Call November 9, 2022 9:00 AM ET Company Participants Sebastian Steffen - Head, Investor Relations Kasper Rorsted - Chief Executive Officer Harm Ohlmeyer - Chief Financial Officer Conference Call Participants Jurgen Kolb - Kepler Cheuvreux. Warwick Okines - BNP Paribas Exane Adam Cochrane - Deutsche Bank Geoff Lowery - Redburn David Roux - Bank of America Thomas Chauvet - Citi Omar Saad - Evercore ISI James Grzinic - Jefferies International Aneesha Sherman - Bernstein Simon Irvin - Credit Suisse Graham Renwick - Berenberg Operator Sebastian Steffen Good evening, good afternoon, good morning, everyone, wherever you're joining us virtually today, and welcome to our Q3 2022 results conference call.

adidas AG (ADDYY) CEO Kasper Rorsted on Q3 2022 Results - Earnings Call Transcript

Adidas ended its sneaker partnership with Ye, formerly known as Kanye West, last month after the musician's anti-Semitic tirade. But Adidas will continue to sell the lucrative sneaker and apparel line, stripped of the Yeezy name and branding.

Adidas will continue to sell Kanye West's shoe designs without the Yeezy name

Ye spent nine years with Adidas selling his Yeezy shoes. A look back at the history of the tumultuous partnership.

Kanye West spent 9 years with Adidas — see how the Yeezy brand went from nearly $2 billion in sales to $0 in a snap

Adidas AG (OTCQX:ADDYY) slashed its full-year guidance due to the impact of terminating its sportswear contract with Kanye West, known as Ye, and slower sales in China. Last month, the sportswear giant cut ties with West and his Yeezy brand after the rapper made antisemitic comments.

Adidas slashes guidance, cites cutting ties with Kanye West

Adidas reported a slide in third-quarter profit, hurt both by the costs of exiting Russia and the negative tax effects from ending its partnership with Kanye West's Yeezy label.

Adidas profit tumbles from Russia and Yeezy exit

The German sportswear company now expects net income to be about 250 million euros due to the decision to end its Yeezy partnership with the rapper.

Adidas' break-up with Kanye West has halved its earnings forecast for 2022

Adidas now expects its currency-neutral revenue to grow at a low-single-digit rate in 2022, down from a previously forecast mid-single-digit rate. It expects an operating margin of around 2.5% rather than 4%.

Adidas slashes 2022 outlook after Kanye West split

The German sporting-goods company lowered its outlook for the fourth time this year with the latest revision coming after last month's end to the lucrative Yeezy collaboration.

Adidas Slashes Profit Outlook Again Following Break With Kanye West

Adidas on Wednesday cut its full-year guidance on the back of the German sportswear giant's termination of its partnership with Kanye West's Yeezy brand.

Adidas warns of big earnings hit after ending Ye partnership

Adidas again cut revenue and earnings guidance for the year to account for the end of its Yeezy label partnership with designer Kanye West, but said it expects a recovery next year amid a cost-savings program.

Adidas cuts 2022 outlook after Yeezy partnership ends

Adidas has appointed the head of Puma to succeed outgoing CEO Kasper Rorsted, betting on his ability to replicate its crosstown rival's comeback.

Adidas scoops up CEO who turned around rival Puma

Puma's new CEO Arne Freundt takes reins immediately as incumbent moves to Adidas top job

Adidas said over the summer that its chief executive would be stepping down following a string of disappointing results and cuts to financial expectations.

Adidas Appoints Puma Boss Bjørn Gulden as New CEO

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