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

NIKE

At the moment, Nike and Adidas stock have favorable broker recommendations and lofty price targets suggest they could lead a rebound among retailers.

Time to Buy Nike (NKE) or Adidas (ADDYY) Stock for a Retail Rebound?

JD Sports, Adidas and Pumas all benefitted as investors read across from a strong trading update from rival Nike overnight. UK-listed JD was one of the top blue-chip risers adding though more direct competitors Adidas, up 7% and Puma, up 6.5%, did even better.

JD Sports, Adidas, Puma all soar as Nike update highlights decent US sales

Puma SE

Investors bid up Nike's rivals Adidas and Puma in early European markets action, after their U.S. peer beat first-quarter earnings forecasts.

Adidas and Puma shares rally after Nike results

Weighing just 5 ounces, the shoes are very light, but not durable. They're designed to be worn for a single marathon-distance race (26 miles) and pre-race warmup.

Adidas hopes $500 shoe worn by record-breaking marathoner will attract amateur runners: ‘Price tag is just insane'

According to the Anti Defamation League, Adidas said it is “committed to fighting antisemitism” and opposes the “ugly hate” expressed by West.

Adidas CEO Apologizes After Saying Kanye West Didn't Mean Anti Semitic Comments

Adidas Chief Executive Bjorn Gulden has apologized for recent remarks that appeared to downplay the intent behind rapper Kanye West's antisemitic rants last year, the head of the Anti-Defamation League said Thursday in a post on X.

Adidas CEO has apologized for remarks about Kanye West, ADL head says

Adidas Chief Executive Bjorn Gulden recently said he didn't believe that Kanye West “meant what he said,” regarding the megastar's antisemitic remarks that ended the partnership between the sneaker maker and the rapper last year.

Adidas CEO says Kanye West didn't mean his antisemitic remarks

Adidas CEO Bjorn Gulden said Kanye West didn't mean it when he made antisemitic remarks that led to the end of his Yeezy collaboration with the company.

Adidas CEO says Kanye West didn't mean antisemitic remarks, isn't a bad person

"Very unfortunate, because I don't think he meant what he said, and I don't think he's a bad person," Gulden told the "In Good Company" podcast.

Adidas CEO Bjørn Gulden defends Kanye West over antisemitism: ‘Didn't mean what he said'

The top Adidas executive called Ye “one of the most creative people in the world.”

Adidas CEO: Kanye West Didn't Mean Antisemitic Comments, Isn't A Bad Person

Adidas CEO Bjorn Gulden has defended the artist formerly known as Kanye West, saying he didn't think the divisive celebrity meant the antisemitic remarks that led to his lucrative Yeezy collaboration with the German sportswear giant being axed.

Adidas CEO: Kanye West didn't mean antisemitic remarks

Adidas CEO Bjørn Gulden said he doesn't think Kanye West "meant what he said" when the rapper spewed antisemitic comments last year that ended a lucrative relationship for both.

Kanye 'didn't mean what he said' about Jews, Adidas CEO says

Bjørn Gulden, chief executive of Adidas, has given his first in-depth public comment on the fallout of his company's relationship with Kanye West following the rapper-designer's repeated antisemitic outbursts last year.  “I think Kanye West is one of the most creative people in the world.

Adidas CEO On Kanye West After Yeezy Antisemitism Fallout: “I Don't Think He Meant What He Said”

Carter's

Steven Madden

Skechers U.S.A.

The Shoes and Retail Apparel industry continues to witness elevated operating and input costs. Gains from product innovation, robust demand trends and digital growth are likely to support companies like ADDYY, SKX, SHOO and CRI.

4 Shoes & Retail Apparel Stocks to Watch Amid Soft Industry Trends

adidas AG has seen a strong recovery in stock price but needs to see a significant recovery in operating profit to justify further upside. Net revenue growth was flat and operating profit dropped by 55% in the most recent earnings report. The future growth of the stock will depend on adidas' ability to reignite sales growth, particularly in North America, where net sales have seen a substantial drop.

adidas AG: Price Recovery Encouraging, But Operating Profit Needs To Improve

Foot Locker

Shares of sports gear companies Nike Inc (NYSE:NKE) and adidas AG (OTCQX:ADDYY) fell sharply in early Wednesday trading after footwear retailer Foot Locker posted a bigger-than-expected fall in second-quarter sales and reduced its guidance for 2023. The footwear retailer also swung to a $5 million loss, from a $94 million profit a year earlier, and hit pause on dividends, sending its shares 32% lower in pre-market trading.

Nike and Adidas shares trip up after Foot Locker 2Q shocker

Adidas shares ADS, -4.24% fell 4% and Puma shares PUM, -6.18% dropped 5%, as both apparel makers suffered from the profit warning at Foot Locker. Foot Locker reported a softening of trends in July and price-sensitive customers.

Adidas, Nike and Puma shares drop after Foot Locker warning

The unpredictability of the Women's World Cup, with the U.S. knocked out early and a first-time champion assured, is forcing major global marketers such as Adidas and Nike to move fast to adapt to shoppers' quick shifts in preferences and demand.

As World Cup breaks records, Adidas, Nike navigate bumps in retail demand

Lululemon Athletica

Inflation trends in the United States have been improving in the past few months, all thanks to the efforts and initiatives taken by the FED. Rising interest rates may concern some investors, especially when the effects of hikes take a toll on some chosen sectors, namely cyclical consumer spaces.

3 Growing Margin Apparel Stocks To Consider

Adidas said it made $437 million from the first sales of Yeezy shoes since cutting ties with Kayne West.  Some of the proceeds will be donated to groups fighting antisemitism, the company said.

Adidas plans to keep 'carefully' moving more Yeezy stock after making $437 million from its first post-Kanye West sale

adidas AG (OTCQX:ADDYY) Q2 2023 Earnings Conference Call August 3, 2023 9:00 AM ET Company Participants Sebastian Steffen – Head-Investor Relations Bjorn Gulden – Chief Executive Officer Harm Ohlmeyer – Chief Financial Officer Conference Call Participants Warwick Okines – BNP Zuzanna Pusz – UBS Graham Renwick – Berenberg Jurgen Kolb – Kepler Cheuvreux Edouard Aubin – Morgan Stanley Aneesha Sherman – Bernstein Simon Irwin – Credit Suisse Thomas Chauvet – Citi Piral Dadhania – RBC Operator Good afternoon, ladies and gentlemen. Thank you for standing by.

adidas AG (ADDYY) Q2 2023 Earnings Call Transcript

The first sale of Yeezy inventory brought in $437 million for Adidas. It has been working to sell the apparel it has from its former partnership with Kanye West.

Adidas brings in $437M from Yeezy inventory sale

The first batch of shoes released in June, which sold out, helped the company reach an operating profit of $193 million in the second quarter, Adidas said Thursday.

Adidas brings in $437M from Yeezy sneaker sales, boosting Q2

Adidas sold €400m (£345m) worth of Kanye West-designed footwear from April to the end of June this year - as much as the same time last year, despite severing ties with the rapper.

Yeezy sales back to old levels - despite Adidas severing ties with Kanye West

adidas AG (OTCQX:ADDYY), the clothing giant, is dropping more Yeezy products in August, as the group continue to manage the damage from its failed partnership with controversial rapper Kanye West. Terminating the rapper's contract last October, Adidas initially said it would be taking a €250 million hit in its fourth quarter after being left with a horde of inventory, the potential write-down figure even reached estimates of €500 million during 2023.

News for adidas AG Stock (ADDYY)