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

Adidas had ended its partnership with Kanye West, officially known as Ye, with "immediate effect."

Adidas terminates partnership with Ye and stops payment to him and his companies

Forbes estimates West's new net worth at just $400 million.

Kanye West no longer a billionaire after Adidas cuts ties: Forbes

Adidas (OTCMKTS: ADDYY ) stock is falling on Tuesday after the sportswear company cut ties with Kanye West over controversial comments made by the rapper. According to a statement from Adidas, the company is severing its relationship with West as it doesn't tolerate “antisemitism and any other sort of hate speech.

Why Is Adidas (ADDYY) Stock Down Today?

The superstar rapper no longer has a place on the Forbes billionaires' list now that his lucrative deal with Adidas is over.

Billionaire No More: Kanye West's Anti-Semitism Obliterates His Net Worth As Adidas Cuts Ties

Adidas said it expected a hit of up to €250 million to its net income as a result of the end of the deal.

Adidas Ends Partnership With Kanye West

Adidas AG has terminated its partnership with American rapper Kanye West, also called Ye, with immediate effect after he made antisemitic comments on social media. The company said his recent actions were "unacceptable, hateful and dangerous", while they also violated Adidas' values of diversity, inclusion, mutual respect and fairness.

Adidas takes €250mln hit for dumping Kanye West and Yeezy

Adidas shares are down 15% since Thursday as the company deals with stagnating sales and a rash of anti-Semitic comments from its highest-paid employee.

Adidas Stock Drops 6% As Company Takes $247 Million Loss On Kanye

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.

News for adidas AG Stock (ADDYY)