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.

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Investors initially cheered the sporting goods retailer's results but the ambitious growth strategy pushed the stock even higher.

Adidas Sees Strong 2021 Recovery and Outlines Five-Year Plan to Take On Nike

German sportswear maker Adidas AG predicted a strong rebound in sales in 2021, particularly in China, the rest of Asia and Latin America, although its operating profit will be trimmed by costs associated with divesting the Reebok brand.

Adidas expects strong rebound, takes Reebok hit

adidas (ADDYY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why adidas (ADDYY) Might Surprise This Earnings Season

German sporting goods maker Adidas announced plans to resume dividend payments to shareholders after suspending payouts last year as a condition for a government-backed loan to get it through the coronavirus crisis.

Adidas says to resume dividend payments to shareholders

Adidas said it's going to resume the company's dividend payments. It's planning to pay a €3 per share dividend at the annual general meeting on May 12.

Adidas says it plans to resume dividend payments

Adidas (Pink: ADDYY) has announced plans to put its Reebok brand up for sale. What Happened: The German company acquired the Boston-based Reebok in 2006 for $3.8 billion.

Adidas To Sell Reebok; CEO Says Shoe Brands Are Better Off Apart

Boston-based Reebok has struggled to perform in the 15 years it has been a part of the Adidas family.

Adidas To Unload Reebok And Focus On Own Brand

German apparel company Adidas is preparing to offload its struggling Reebok brand, the firm announced Tuesday.  Adidas acquired Reebok in 2006 for roughly $3.8 billion in an attempt to better compete with Nike, but the brand has posted disappointing sales figures in recent years. Adidas said Tuesday that it has begun a formal process to divest from Reebok, pivoting to focus on its core brand.

Adidas is selling Reebok after defending the $3.8 billion purchase for years (ADDYY)

German sportswear maker Adidas AG said on Tuesday it plans to divest the underperforming brand Reebok that it failed to revive 15 years after buying the U.S. fitness label to help compete with archrival Nike Inc.

Adidas plans to divest Reebok brand

adidas: Remaining Resilient Throughout The Pandemic

Just because a company is moving in the right direction doesn't make it the industry's best bet.

Could Adidas Be a Millionaire-Maker Stock?

Reebok may be getting a new owner, as its German sportswear parent company Adidas looks to offload the household name brand. Buyers including a business dream team of hip-hop business mogul, Percy “Master P” Miller and former NBA All-Star Baron Davis are looking to acquire the $2.4B company.

Reebok's $2.4 Billion Price Tag Brings Hip-Hop & Sports Moguls To The Table

"We think the stores are still here to stay, but coupled much closer to the online experience," Adidas CEO Kasper Rorsted told CNBC.

Adidas will keep opening new stores despite Covid e-commerce surge, CEO says

Adidas has confirmed that it might sell US fitness brand Reebok as part of a strategy overhaul to be unveiled in 2021.

Reebok missed out on the sportswear boom. Now Adidas may sell it

Adidas made it to Cowen's list of "Best Ideas of 2021."

Adidas exploring strategic alternatives for Reebok, including a sale

German sportswear maker Adidas said on Monday it had begun to assess strategic alternatives for its U.S.-focused brand Reebok.

Adidas mulls strategic options for Reebok brand

The casual footwear maker could struggle to keep pace with the German giant next year.

Forget Skechers, Adidas Is a Better Footwear Stock

His answer: Futurenatural, a one-piece upper and outsole designed specifically for the movements of basketball.

Adidas Debuts Futurenatural Tech On Harden Vol. 5 Basketball Sneaker

NEW YORK, Dec. 8, 2020 /PRNewswire/ -- adidas' popular RPT-01 sport headphones are being reimagined by celebrity stylist and adidas Run Club captain, Kwasi Kessie, for a first-of-its-kind collaboration, inspired by the persevering energy of New York City this year. There are a total of 50...

adidas And Kwasi Kessie Announce Hyper Limited-Edition Headphone Drop

With global apparel consumption projected to rise by 63% to 102 million tons in 2030, and an increase in clothing being sent to landfill accordingly (the Ellen MacArthur Foundation reports that $500 billion of value is lost every year due to clothing underutilisation and a lack of recycling), ach.

H&M And Adidas Join Industry Consortium Partners Delivering A Blueprint For Circular Fashion

The new Reverse Retro jersey designs from the NHL and Adidas are imaginative new takes on iconic hockey looks.

NHL And Adidas Unveil Reverse Retro Jerseys For All 31 Teams For 2020-21 Season

The German footwear giant has been struggling throughout the pandemic, but brighter days could be ahead.

Is Adidas Stock a Buy?

adidas AG (ADDYY) CEO Kasper Rorsted on Q3 2020 Results - Earnings Call Transcript

Adidas (ETR: ADS) published it is financial results for the fiscal third quarter on Tuesday that topped analysts' estimates for profit and sales. On a year to date basis, however, it saw a decline on both fronts.

Adidas tops analysts' estimates for profit and sales in the fiscal third quarter

German sportswear firm Adidas expects sales to return to growth in China in the fourth quarter and predicted a similar level of sales decline overall as it reported in the third when it saw a rebound from earlier coronavirus lockdowns.

News for adidas AG Stock (ADDYY)