See every side of every news story
Published loading...Updated

Adidas warns it will raise prices on all U.S. products due to tariffs

  • Adidas has warned that prices for its products in the United States will rise due to higher tariffs imposed by US President Donald Trump.
  • Chief Executive Bjorn Gulden stated that the uncertainty around tariffs has halted any earnings upgrade despite strong first-quarter performance.
  • Adidas's pre-tax earnings more than doubled to 585 million euros in the first quarter, but tariff uncertainties have affected its future outlook.
  • The company reported a net profit of 428 million euros from January to March, but is cautious about future earnings due to tariff impacts.
Insights by Ground AI
Does this summary seem wrong?

66 Articles

All
Left
10
Center
14
Right
6
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 47% of the sources are Center
47% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Portfolio.hu broke the news in on Tuesday, April 29, 2025.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.