Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Adidas posts record revenue, raises profit outlook despite North America slump.

flag Adidas reported record third-quarter revenue of 6.63 billion euros ($7.73 billion), up 3% globally, driven by strong performance in Europe and Asia, despite a 5% sales decline in North America due to the end of its Yeezy partnership and ongoing tariff pressures. flag Excluding Yeezy, North American sales rose 8% in currency-neutral terms. flag The company raised its annual profit outlook, projecting around 2 billion euros in operating profit and about 9% sales growth, citing supply chain adjustments and price increases, including raising the Samba’s U.S. price to $100. flag Global operating profit jumped 23%, and net income rose to 485 million euros.

7 Articles

Further Reading