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

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

The German sportswear company said it would end its partnership with the rapper following a string of controversies including a recent anti-Semitic outburst by the musician and designer.

Adidas Terminates Partnership With Kanye West

Adidas is the latest of Ye's big-name partnerships to end its business relationship with the hip-hop star after he made repeated antisemitic comments and espoused disproven conspiracy theories last week. The company faced calls from all quarters yesterday to drop the former Kanye West from its list of partners.

Adidas Drops Kanye West After Pressure Over His Antisemitic Remarks

Adidas has ended its partnership with Kanye West over "unacceptable, hateful and dangerous" antisemitic posts by the rapper on social media.

Adidas cuts ties with Kanye West over rapper's 'hateful and dangerous' comments

Company to stop making Yeezy products and paying rapper, saying recent comments have been ‘hateful and dangerous'

Adidas cuts ties with Kanye West over antisemitic comments

“Ye's recent comments and actions have been unacceptable, hateful and dangerous,” the sportswear giant said in a statement.

Adidas Cuts Ties With Kanye West After Anti-Semitic Comments

Adidas on Tuesday became the latest company to sever ties with the rapper Kanye West over his antisemitic comments made over social media.

Adidas ends Kanye West partnership in response to antisemitic comments

The German sportswear giant had faced pressure from the public and its own employees to cut ties with Ye over a series of offensive comments.

Adidas terminates partnership with Ye following rapper's antisemitic remarks

Adidas is set to end its partnership with the controversial rapper, according to a report from Bloomberg.

Adidas Said to Be Preparing to End Partnership With Kanye West

German sporting goods maker Adidas AG plans to end its partnership with Kanye West, following a rash of offensive behaviour from the American rapper and designer, Bloomberg News said on Tuesday, citing people familiar with the matter.

Adidas plans to end Kanye West partnership over 'offensive behaviour' - Bloomberg News

Adidas ADS, -3.08% shares were trading 3% lower after Bloomberg News reported that the apparel maker plans to end its partnership with Kanye West. The Yeezy line has accounted for as much as 8% of Adidas sales, the report said.

Adidas shares lower after report it will end partnership with Kanye West

Adidas could announce plans to end its partnership with the rapper as early as Tuesday because of his offensive behavior, sources told Bloomberg.

Adidas is cutting ties with Kanye West over his recent offensive behavior, report says

"I can say antisemitic s*** and Adidas cannot drop me," Kanye West said during his now infamous tirade against Jews during the Drink Champs Podcast earlier this month.

Adidas is on the hot seat to cut ties with Kanye West

The rapper said last week: “I can say antisemitic things and Adidas can't drop me. Now what?”

Kanye West Antisemitism Backlash Gets More Powerful, Political—As Adidas Stays Mum

adidas shares plunged by as much as 10% following a profit warning for Q3 results, as well as a lowered guidance for the FY 2022. adidas estimates that profits in 2022 will be about 60% lower than what has previously been expected.

adidas: Buy The Dip

The German sportswear brand has noticed a spending slowdown in Western markets since September. The company's problems go deeper.

Adidas Says Consumers Are Struggling. In Reality, They Are Getting Selective.

The rapper and designer has in recent weeks made several degrading remarks about Jewish people and targeted his business partners with public threats.

Anti-Defamation League urges Adidas to sever ties with Ye's Yeezy

According to my assumptions, adidas' fair value is €113.91, so the company is fairly valued by the market. Anti-COVID policies are still very restrictive, which is why adidas sales are struggling to take off in China.

adidas: 65% Drop Made It Fairly Valued

Adidas is reviewing its partnership with Kanye West after the artist lambasted the company and wore a "White Lives Matter" T-shirt in public.

Kanye West partnership with Adidas put under review after 'White Lives Matter' incident

As Adidas looks for a new chief executive, experts and analysts are advising the German footwear company to get creative. “The company needs to get back to the creative edge,” said Cowen analyst John Kernan Friday (Oct. 7) in a Bloomberg News report on the search for a chief executive officer.

Adidas Seeks CEO, Questions Kanye West Deal

Kanye West took to social media to express his frustration with Adidas, after the company announced it would be reviewing their current business partnership.

Kanye West erupts after Adidas puts Yeezy partnership 'under review' following 'White Lives Matter' statement

The announcement comes days after the rapper and designer was seen wearing a “White Lives Matter” shirt during Paris Fashion Week.

Adidas Says Its Business Partnership With Kanye West Is ‘Under Review'

Adidas Yeezys have become somewhat of a cultural phenomenon. But they may be discontinued soon if either party decides to end the partnership.

Adidas Places Kanye West Partnership Under Review. The Stock Drops.

“F*** ADIDAS I AM ADIDAS,” West responded to the company's statement.

Adidas Reconsidering Kanye West's Yeezy Line

German sporting goods maker Adidas on Thursday said it has put under review its business partnership with rapper and fashion designer Kanye West.

Adidas puts partnership with Kanye West under review

West partnered with Adidas in 2013 to manufacture and distribute items from his Yeezy clothing line. He's recently been publicly critical of the company and its CEO.

News for adidas AG Stock (ADDYY)