The operating margin rose by 200 basis points (bps) year over year to 17%. ... Adidas projects its operating profit to increase to a level of €1.7 billion to €1.8 billion in 2025.

The chart below plots the 26-week moving average of the YoY variation in search interest for adidas based on Google Trends data. The red line tracks searches in the United States, while the yellow ...

adidas reported strong Q2 results driven by DTC demand and Chinese market recovery. ... while the operating margin reached 22.6%, a substantial improvement from the 13.7% recorded in 2Q22.

Adidas also said group revenue in the second quarter fell 5% to $5.9 billion and operating profit was still down from a year earlier at $194.9 million, compared to last year’s $434.1 million.

Adidas said third-quarter revenues grew by 1% in currency-neutral terms compared to the same period a year ago, while gross margin improved by 0.2 percentage points to 49.3%.

The German company said it now expects an operating loss for 2023 of around 100 million euros ($106 million), from a previously expected 450 million euros. "While the company's performance in the ...

The German company said it now expects an operating loss for 2023 of around 100 million euros ($106 million), from a previously expected 450 million euros. "While the company's performance in the ...