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ADDYY - adidas AG GAAP EPS of Euro7.47 revenue of Euro21.23B
Adidas AG ADR - Level I
adidas AG press release (OTCQX:ADDYY): FY GAAP EPS of €7.47. Revenue of €21.23B (+15.1% Y/Y). Outlook for FY2022: Currency-neutral sales to increase at a rate between 11-13%, already reflecting up to €250M of risk in Russia/CIS business related to the war in Ukraine; Gross margin to increase to a level of between 51.5-52.0%; Operating margin to increase to a level of between 10.5-1.0%; Net income from continuing operations to grow to between €1.8B-€1.9B.