Adidas nearly doubles operating profit despite trade tensions

Adidas nearly doubles operating profit despite trade tensions

Demand for retro trainers helps German sportswear company record its best ever first-quarter sales

Adidas profit jumps in first quarter without Yeezy shoes

German sportswear giant Adidas said on Wednesday that its profit almost doubled in the first quarter of 2025 as it turned the page on a costly split with US...

"A great quarter," says Adidas CEO Gulden. His company increases profit and sales properly. He says it's almost the maximum possible. The competition can't keep up.

Adidas Preliminary Q1 Results Show Double-Digit Growth Across All Markets

Adidas is starting fiscal 2025 on a strong note, with first quarter earnings reflecting double-digit growth across all markets and channels. According to the German athletic company’s preliminary results for Q1 2025, Adidas saw revenues grow nearly 700 million euros, or 13 percent, to 6.15 billion euros in the period, up from 5.46 billion at the same time last year. Excluding Yeezy sales in the prior year, currency-neutral revenues for the Adida…

Adidas has posted an operating profit of 610 million euros in the first three months of the year, an increase of 274 million euros compared to the first quarter of 2024.

Adidas nearly doubles operating profit despite trade tensions – Sky News: The Latest News from the World

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Adidas said profits were stronger than expected in the first quarter, highlighting a divergence in fortunes among leading sportswear brands amid heightened global trade tensions. Operating profit at the German group nearly doubled to €610mn, […]