Adidas Raises Full-Year Guidance After Strong Quarter
The German shoe and sportswear company said it expected its currency-neutral revenue to increase at a high single-digit rate, compared with a mid-to-high single-digit rate previously.
Adidas hikes 2024 earnings guidance after second-quarter beat
German sportswear maker Adidas is increasing its full-year earnings guidance after a better than expected second quarter, it said on Tuesday.
Adidas raises annual guidance again, expects revenue to grow high-single-digit
Adidas, which employs about 1,700 at its North Portland HQ, also preliminarily reported 11% revenue growth during the second quarter.
Adidas raises its full-year guidance as turnaround plan takes effect
Adidas increased its full-year guidance for the second time in three months this year in the latest confirmation that its chief executive’s turnaround plan was gaining pace. The sportswear group now expects operating profit at €1bn for the full year compared to an earlier guidance of €700mn.
Adidas Raises Full-Year Guidance After Better-Than-Expected 2Q Results
The German shoe and sportswear company said it expected its currency-neutral revenue to increase at a high single-digit rate, compared with a mid-to-high single-digit rate previously.
EQS-Adhoc: adidas increases its full-year guidance following better-than-expected second quarter results
Quarter Results/Change in Forecast 16-Jul-2024 / 17:50 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
Adidas Raises 2024 Guidance Again as Brand Revival Takes Hold
Adidas updated its guidance for the year after reporting better-than-expected preliminary results for the second quarter of 2024. According to the German athletic company, currency-neutral revenues increased 11 percent compared to the prior year level.
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Adidas Lifts Outlook After 'Better Than Expected' Quarter
German sportswear giant Adidas raised its full-year outlook Tuesday, saying it had performed "better than expected" in the second quarter following a period of turbulence. Revenues between April and ...
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Adidas Q2 Preliminary Operating Profit Rises; Lifts FY Outlook
(RTTNews) - Sportswear maker adidas AG (ADDYY.PK) reported that its second quarter preliminary operating profit increased to 346 million euros from last year's 176 million euros. The latest quarter ...
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Adidas' results give lift to footwear rivals
On Holding (ONON), and Skechers U.S.A. (SKX) are getting a lift on Tuesday on the back of upbeat Q2 results from adidas ...