I am neutral on Adidas (ADDYY) due to its history of missing guidance and prefer to wait for 4Q24 results before upgrading to a buy. Despite solid improvements in 1H24 and 3Q24, ADS's track record of missed revenue guidance from FY17-FY22 raises concerns about its future performance. Management's positive comments on the Lifestyle and Performance portfolios and North America's near-positive gro...
Consumer discretionary stocks have struggled but are rebounding with recent FED rate cuts, with XLY outperforming SPY and DIA significantly. Nike, despite its brand dominance, has seen a 27% loss YTD, while Adidas has delivered a 24% gain, post-Yeezy settlement. Adidas shows stronger recent performance with increased sales, profits, and a promising turnaround plan, while Nike faces a challengin...
Adidas's headquarters in Germany were raided in connection with a tax investigation. Authorities are probing customs and tax regulations for products imported into Germany over a five-year period that began in October 2019.
Die Aktien von Adidas DE000A1EWWW0 haben den rekordhohen Dax DE0008469008 am Montagnachmittag mit plus drei Prozent angeführt.
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