adidas AG (ADDDF)
| Previous close | 221.72 |
| Open | 230.76 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 230.76 - 236.25 |
| 52-week range | 157.95 - 236.25 |
| Volume | |
| Avg. volume | 483 |
| Market cap | 42.182B |
| Beta (5Y monthly) | 1.11 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.71 |
| Earnings date | N/A |
| Forward dividend & yield | 0.75 (0.32%) |
| Ex-dividend date | 17 May 2024 |
| 1y target est | N/A |
- Yahoo Finance Video
Adidas raises 2024 profit guidance on robust footwear demand
Sportswear giant Adidas (ADDYY) has raised its full-year profit target for 2024, citing strong ongoing demand for its legacy footwear products, including the iconic Samba sneaker, as well as the sale of its remaining Yeezy inventory. The company now expects to generate a profit of $745 million for the full year, a significant increase from its previous guidance of $532 million. Yahoo Finance Retail Reporter Brooke DiPalma breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
Barrons.comAdidas Stock Is Rising. Strong Earnings Show Company Has ‘Turned the Corner.’
Athletic-apparel firm Adidas beat first-quarter estimates for revenue and operating profit, and raised estimates.
- Yahoo Finance Video
Adidas stock up on upbeat 2024 outlook
Shares of Adidas (ADDYY) are trading higher on Tuesday after the company raised its full-year 2024 guidance. The sportswear giant is now targeting an operating profit of $743 million, buoyed by strong demand for its classic footwear products and the sale of remaining Yeezy inventory. Yahoo Finance's Julie Hyman and Josh Lipton break down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
