ADDDF News and Press, Adidas AG From 11/04/22

Bjorn Gulden will reportedly depart the company founded by Rudolf Dassler, Puma SE ( OTCPK:PUMSY ), to head the cross-town rival founded by his brother Adolf Dassler, Adidas ( OTCQX:ADDYY ). According to German outlet Manager Magazin , Gulden has been selected to...

Summary Most sportswear companies have significantly increased their inventory balance. Under Armour was able to keep inventory at the same level. The signing of Stephen Curry, one of the best basketball players in NBA history, can contribute to the growth of UA. The company t...

Summary The Strategy outperformed for the second quarter in a row, thanks in large part to positioning adjustments made over the last year in preparation for these extreme macro headwinds. We enhanced a focus on sturdy, secular growth businesses with three new additions to the portfol...

Summary International growth stocks held up better than value, snapping a two-quarter losing streak, as global recession fears weighed more heavily on companies tied to the broader economy. The Strategy outperformed for the second quarter in a row, thanks in large part to position...

Summary We're diving into SentielOne, a well-funded cybersecurity stock that is taking over the mid-market share. Vladimir Dimitrov joins us to break down the Intel Mobileye IPO, thoughts on Exxon Mobil and Oracle. We play bullish or bearish with breaking headlines for the wee...

Adidas ( OTCQX:ADDYY ) could have more downside ahead as there are “too many fires” to put out for management at the moment, according to RBC Capital Markets. Equity analyst Piral Dadhania explained that sales deterioration in China, an exit from Russia, el...

Summary adidas shares plunged by as much as 10% following a profit warning for Q3 results, as well as a lowered guidance for the FY 2022. adidas estimates that profits in 2022 will be about 60% lower than what has previously been expected. The company said that sales in China ...

Summary Nike and Lululemon are competing in the same most relevant market while offering different opportunities but bearing also specific risks for investors. While LULU has been an outperformer over the past few years, my valuation model may reveal that it’s time for inve...

Summary According to my assumptions, adidas' fair value is €113.91, so the company is fairly valued by the market. Anti-COVID policies are still very restrictive, which is why adidas sales are struggling to take off in China. I think there could potentially still be roo...

Summary On Thursday, Nike will release its 1Q23 results. In this analysis, I will show you why I continue to rate the Nike stock as a buy. I will also show you various expected compound annual rates of return for the company, depending on the price you pay for its stock. At Ni...