Adidas Stock News

I maintain a Hold rating for adidas AG; the company's recent disclosures had both positive and negative takeaways. ADDYY registered topline and operating margin beats for 1Q25; this was attributable to economies of scale, and a good showing across regions and product categories. The company's unchanged full-year guide was weaker-than-expected, as tariff headwinds made management more cautious.

The Footwear Distributors & Retailers of America trade group (FDRA) urged U.S. President Donald Trump to exempt shoes from reciprocal tariffs in a letter signed by makers including Nike , Adidas America and Skechers.

A major footwear trade group sent a letter to President Donald Trump this week asking him to exempt shoes from his so-called "reciprocal tariffs." Brands like Nike, Adidas and Skechers co-signed the letter.

Adidas says Trump's tariffs will hike sneaker prices in the US market. Its CEO warned that uncertainty around tariffs is stalling the company's business outlook.

adidas AG (OTCQX:ADDYY) Q1 2025 Earnings Conference Call April 29, 2025 9:00 AM ET Company Participants Sebastian Steffen - Head of Investor Relations Bjørn Gulden - Chief Executive Officer Harm Ohlmeyer - Chief Financial Officer Conference Call Participants Edouard Aubin - Morgan Stanley Piral Dadhania - RBC Erwan Rambourg - HSBC Jürgen Kolb - Kepler Cheuvreux Warwick Okines - BNP Paribas Thie...

The company warned that Trump's tariffs could weigh on performance, prompting possible price increases in the U.S. to mitigate the hit.

The President will scale back some of his tariffs on car makers Tuesday, according to The Wall Street Journal.

Sportswear giant Adidas said Tuesday that President Donald Trump's tariffs would eventually cause it to raise prices on all its U.S. products. The German company added that it was unable to confirm how much prices would rise by due to uncertainty about tariff rates, with key suppliers in China, Vietnam and Cambodia.