ADDDF News and Press, Adidas AG From 03/22/23

2023-03-22 11:30:00 ET Summary Nike, Inc. delivered an excellent third quarter earnings report that easily outperformed both my own and analyst estimates. Nike looks like it has its inventory better under control with a sequential decline. Strong growth across all regions look...

2023-03-08 13:36:09 ET adidas AG (ADDYY) Q4 2022 Earnings Conference Call March 8, 2023 9:00 a.m. ET Company Participants Sebastian Steffen - Head of Investor Relations Bjorn Gulden - Chief Executive Officer Harm Ohlmeyer - Chief Financial Officer Conferenc...

Summary New CEO Bjorn Gulden kicks off his tenure with a major reset of adidas' FY23 guidance. While the size of the writedowns at Yeezy and the 'strategic review' allocation indicate conservatism, the new CEO's turnaround plans could still entail more P&L disappointments ahead. ...

Adidas ( OTCQX:ADDYY ) shares slumped on Friday after the company warned about an outsized impact on the bottom line resulting from the company’s severed ties with Kanye West. According to a company statement, the company’s decision not to sell existing Yeezy stock i...

Summary adidas is a multinational athletic and sports brand, selling apparel, accessories and footwear. We think economic conditions will lead to falling sales and difficulty in moving inventory in 2023. We are already seeing margins contract for this reason in Q4. Upside for adidas...

Summary Nike's slogan is to "Just Do It," but in this article, I argue that shouldn't apply to buying Nike's stock. I’ll dig into pressing questions like "How fast can Nike grow?" And, “Is Nike’s capital allocation deteriorating?”. Nike’s direct-to...

Summary Foot Locker, Inc.'s stock had a good start to 2023 and nearly doubled from July's lows seven months ago. The management raised its full-year guidance to $4.42 EPS. Additionally, the company is continuously buying back around 3 million shares each quarter, which should boost ...

Summary Peter Lynch discovered L'Eggs through his wife after he noticed how much she admired the product and brand. I conducted questions and answers with close family and friends in the healthcare industry about the FIGS brand and products. The results were positive, and the compan...

Adidas ( OTCQX:ADDYY ) stock lost ground on Thursday after Baird removed its bull rating. Equity analyst Jonathan R. Komp explained that inventory issues and persistent headwinds in China still loom large over the stock. Further, a shift in leadership likely sets up 2023 as a ...

Summary PUMA's price is down by 44% in the past year, which looks like a glaring disconnect from its strong revenue growth and profit increase. Signs of some stress are visible in a slight drop in margins and inventory pileup. It doesn't help that 2023 could be recessionary at a time of...