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

Earlier this year, the company said it will sell off its remaining Yeezy inventory after cutting ties with Kanye West last year.

Adidas Sold $437 Million Worth Of Yeezys In Second Quarter Of 2023

Manchester United

Adidas will continue to make the famed soccer club's uniforms through 2035.

Manchester United inks record $1.1 billion Adidas apparel deal

Manchester United will extend their jersey kit-supplier partnership with Adidas for another decade in a $1.

Adidas Signs Premier League-Record $1.15 Billion Manchester United Sponsorship With Increased Focus On Women's Team

Manchester United and Adidas are extending its their apparel-sponsorship contract in a colossal $1.2 billion deal that lasts for another decade.

Adidas signs $1.2 billion partnership with Manchester United

Manchester United Plc (NYSE:MANU) has signed a new 10-year extension to its kit and apparel deal with Adidas on improved terms. The football club, in a brief statement, told investors that the new deal would run until June 2035 and has a minimum cash guarantee of £900 million (£90 million per year).

Manchester United stock falls despite “record breaking” Adidas kit deal

U.K. soccer club Manchester United MANU said it's extending its apparel relationship with Adidas XE:ADS. The deal will last an additional 10 years, running through June 2035, and a has minimum cash guarantee of £900 million ($1.16 billion), the club said.

Manchester United extends Adidas deal in pact worth $1.2 billion

More of the outstanding Yeezy inventory that Adidas is looking to part ways with will soon go on sale. The company said Friday it would put Yeezy products up for purchase in early August.

Adidas will sell more outstanding Yeezy inventory

Adidas is to sell another batch of its Yeezy trainer line with some of its profits heading to charity, but has remained silent on how much money will be donated.

Adidas to donate profits on Yeezy trainer sales to charity - but won't reveal amount

The online sale willstart Wednesday through Adidas smartphone apps and its website.

Adidas to release second batch of Yeezy sneakers after breakup with Kanye West

Adidas is releasing a second wave of Yeezy shoes into the market as it moves to clear out the inventory of its defunct collaboration with Ye, formerly known as Kanye West.

Adidas clearing out more Yeezy shoes in second wave

The sportswear company is disentangling itself from Kanye West.

Adidas to Release Second Batch of Unsold Yeezy Shoes

Sportswear firm says first release of unsold stock helped reduced its expected annual losses by €250m

Adidas to sell second batch of Yeezy trainers after breakup with Kanye West

Adidas plans Yeezy's second phase of stock sales after making $565 million from its first leftover sales in May.

Adidas Plans Further Sale Of Yeezy Inventory In August

Apple

Anheuser-Busch InBev

Soccer is the world's most popular sport. 3 companies are set to benefit from Lionel Messi's move to Miami.

Messi to Miami (3 Stocks to Benefit)

Adidas said it now expects to incur a significantly smaller full-year operating loss after making more than half a billion dollars in early sales of its Yeezy stock. The German sportswear giant trimmed its operating loss forecast to €450mln from €700mln after selling US$565mln worth of Yeezy shoes which were part of rapper Kanye West's clothing range with the company.

Adidas revises operating loss guidance after Yeezy sales

Adidas' (ADDYY) stocks rise as it is able to sell massive volumes of its discontinued yet profitable Yeezy product line.

Adidas (ADDYY) Gains on Orders for Defunct Yeezy Inventory

Initial sales of Yeezy stock following the termination of Adidas' partnership with rapper Ye have led it to cut its loss forecast to €450 million, from €700 million.

Adidas up 6% after trimming 2023 loss forecast on strong Yeezy inventory sales

Strong sales of leftover Yeezy inventory is helping Adidas recoup some of its losses.

Strong leftover Yeezy sales could reduce Adidas' expected operating loss

Demand for the shoes, designed by Kanye West, appears to outweigh the controversy surrounding the artist.

Adidas Made More Than $560 Million Off Unsold Yeezy's, Report Says

Last month, Adidas put its unsold Yeezy inventory up for sale. The German sportswear company sold 4 million sneakers within 48 hours, totaling $565 million in sales.

Adidas sells batch of Yeezy shoes for $565M after cutting ties with Kanye West

Adidas has cashed in on surplus Yeezy stock, after terminating its contract with Kanye West last year. The footwear giant received over $560 million in orders for inventory it had originally planned to write off.

With or without Ye, Yeezys sell faster than Adidas can handle

Adidas said it received orders worth more than US$56mln for four million pairs of rapper Kanye West's Yeezy shoes. According to a report in the Financial Times, the German sportswear giant is now “more optimistic” about the future as orders for the first batch could save it from having to take a big write down on the stock.

Adidas makes half a billion dollars from unsold Kanye West shoes

Adidas AG (ADDYY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Adidas AG (ADDYY) Moves to Strong Buy: Rationale Behind the Upgrade

The mean of analysts' price targets for Adidas AG (ADDYY) points to a 33.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Can Adidas AG (ADDYY) Climb 33.2% to Reach the Level Wall Street Analysts Expect?

adidas AG (OTCQX:ADDYY) is making progress in reducing the burden left by Kanye West's Yeezy stock after the fashion brand cut ties with the rapper late last year. After making anti-Semitic remarks the German retailer said it had been left with €1.2bln of unsold Yeezy clothing and shoes.

News for adidas AG Stock (ADDYY)