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After years of double-digit revenue growth, Adidas' (ADDYY) (ADDDF) revenue growth has fallen to single-digit growth over the past year. We look at different datasets to get a full picture of the company's prospects.
Adidas revenue growth slowed to 6.0% last quarter (Exhibit 1). This is a drastic drop from the double-digit growth seen in previous years. One explanation for the sales slowdown is that the amount of money consumers spent per visit at Adidas has come down in recent years. In 2014, the average spend per record was in the range