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2024-07-19 08:51:08 ET Summary Adidas has outperformed Nike and Puma in stock price performance, with a 28% return year-to-date. Adidas reported a revenue decrease in 2023 but is projected to see growth in 2024 and 2025, with a strong Q2 performance. Buy Rating: Considering it...
2024-07-18 14:26:40 ET Summary I assign a Hold rating to adidas after assessing its financial performance and valuations. ADDYY's second quarter sales and operating margin were better than what the market had anticipated. But the stock is trading at demanding valuations, which...
2024-07-17 05:02:52 ET More on adidas AG: Adidas: Getting Started To Turn Around Adidas investigating corruption charges among senior staff in China Euros 2024: Sports betting and apparel names, beer stocks, and German GDP are all in play Historical earnings ...
2024-07-16 14:59:17 ET Summary Lululemon Athletica Inc. stock has dropped over 40% in 2024. Blame growth slowdown and soft outlook for the selloff. Aside from that, Lululemon’s fundamentals remain solid — probably the best that they have ever been. Under $300...
2024-07-16 03:45:00 ET Summary Inflation is still affecting retailers - during the last earnings season, 73% mentioned inflation during their earnings calls. Walmart raised its full-year guidance as more consumers continued to gravitate towards everyday values and become loyal sho...
2024-06-23 09:00:00 ET As a leader in the athletic sportswear category, Nike’s ( NYSE: NKE ) quarterly results not only bring an unofficial close to earnings season but are viewed as a barometer to consumer spending trends and the company’s success penetrating foreign ...
2024-06-18 14:03:31 ET Summary Nike's Q4 earnings are highly anticipated as investors analyze discretionary spending trends. Bulls believe in Nike's strong brand, financial performance, and market share consolidation. Bears question Nike's enduring moat and believe its valuati...
2024-06-16 10:02:39 ET Summary Under Armour's stock peaked in 2015 above $50. It's now trading at all-time low valuations with price below $7. Founder Kevin Plank returns as CEO to lead a restructuring effort focusing on premium brand image and reduced discounting to outside retai...
2024-04-30 19:00:10 ET Adidas AG (ADDYY) Q1 2024 Earnings Conference Call April 30, 2024, 09:00 ET Company Participants Sebastian Steffen - SVP, IR Bjorn Gulden - CEO Harm Ohlmeyer - CFO Conference Call Participants Piral Dadhania - RBC Capital Market...
2024-04-30 03:19:07 ET More on adidas AG Adidas: Getting Started To Turn Around adidas AG: Upgraded To Buy As Management Continues To Deliver And Execute adidas AG: Likely Overvalued At This Time adidas raises its FY revenue outlook after robust Q1 performanc...
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SAN DIEGO, Nov. 07, 2023 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announced an update in the lawsuit that is pending for certain investors in shares of adidas AG (OTC: ADDYY, OTC: ADDDF). Investors, who purchased adidas AG (OTC: ADDYY, OTC: ADDDF) shares long-term and continue to...
Famed jeweler and luxury retail brand %Tiffany & Co. is selling non-fungible tokens ( %NFTs ) for 30 %Ethereum ($ETH) each, which is equivalent to about $50,000 U.S. apiece. Tiffany is launching its own NFT collection, called %NFTiff . The collection features 250 NFT...
Adidas (OTCMKTS: ADDDF) revealed Thursday that it had reached an agreement to sell its Reebok brand to Authentic Brands Group for a sum of USD2.5 Billion, in a majority cash deal. “Reebok has been a valued part of Adidas, and we are grateful ...