Is Adidas (ADDYY) Outperforming Other Consumer Discretionary Stocks This Year?
Here is how Adidas AG (ADDYY) and CuriosityStream Inc. (CURI) have performed compared to their sector so far this year.
Adidas AG (ADDYY) Q2 2024 Earnings Call Transcript
Adidas AG (ADDYY) Q2 2024 Earnings Call Transcript
Adidas footwear sales help profits soar
Adidas AG has reported a near doubling of profits over the second quarter after sales of its core branded goods jumped. Operating profit increased 97% to €346 million (£307 million) during the period, aided by an 11% increase in currency-neutral sales, Adidas reported on Wednesday.
Bella Hadid 'shocked' at 'lack of sensitivity' in Adidas ad campaign linked to 1972 Munich Olympics
The ad campaign for Adidas' new retro trainers, called the SL72s, was a nod to the 1972 Munich Olympics. That year's games are widely known for the terror attack that took place in Munich's Olympic village and resulted in the deaths of 11 Israeli athletes.
Bella Hadid responds to Adidas shoe campaign controversy
Bella Hadid has responded to the controversy surrounding her involvement in an Adidas campaign that was pulled following criticism.
Adidas says sorry to Bella Hadid over shoe campaign row
Adidas has apologised to Bella Hadid after the supermodel was removed from a shoe campaign that was in reference to an Olympics at which Israeli athletes were killed by pro-Palestinian terrorists.
Supermodel Bella Hadid's Adidas campaign pulled after being called 'sick'
Bella Hadid's new Adidas campaign has been pulled after being called "sick" and an "egregious error".
Supermodel Bella Hadid's Adidas campaign pulled after being called 'sick'
Bella Hadid's new Adidas campaign has been pulled after being called "sick" and an "egregious error".
adidas: Strong Fundamentals Make It Compelling For Long Term
Adidas has outperformed Nike and Puma in stock price performance, with a 28% return year-to-date. Adidas reported a revenue decrease in 2023 but is projected to see growth in 2024 and 2025, with a strong Q2 performance. Buy Rating: Considering its growth prospects, strong financial data, and resilience against market fluctuations, Adidas stock is recommended with a buy rating.
adidas: Positive Results And Favorable Guidance Are Priced In
I assign a Hold rating to adidas after assessing its financial performance and valuations. ADDYY's second quarter sales and operating margin were better than what the market had anticipated. But the stock is trading at demanding valuations, which have factored in the company's good Q2 results.
Adidas lifts guidance and shares climb, partly thanks to the hottest shoes in Paris
Adidas shares climbed on Wednesday after the sportswear maker lifted guidance, a reprieve in the world of retail, where a steady stream of downbeat news has been dogging the sector lately.
Adidas puts Yeezy debacle to bed, increases full-year sales guidance
Adidas AG has emerged from its calamitous collaboration with controversial musician Kanye West to raise its full-year sales guidance after posting its first annual loss since 1992 earlier this year. The German sportswear giant had a long-running sneaker collaboration with West, aka Yeezy, which became an own goal in the wake of a raft of antisemitic statements by the rapper.
