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home / news releases / adidas ag upgraded to buy as management continues to

ADDYY - adidas AG: Upgraded To Buy As Management Continues To Deliver And Execute

Adidas AG ADR - Level I

2024-04-02 04:13:12 ET

Summary

  • adidas receives a buy rating due to strong execution by the new CEO and positive signs of turnaround and improvement.
  • North America shows early signs of recovery, EMEA maintains healthy sell-out momentum, and Greater China delivers impressive growth.
  • The order book significantly improves, showcasing restored relationships with trade channels, but execution risk remains a concern for future growth.

Overview

For further details see:

adidas AG: Upgraded To Buy As Management Continues To Deliver And Execute
Stock Information
Company Name: Adidas AG ADR - Level I
Stock Symbol: ADDYY
Market: OTC
Website: adidas-group.com
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