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2024-02-11 20:14:53 ET Summary The consumer discretionary sector is lagging behind the SP500. In 2024, there will be the European Soccer Championship in June and the Olympic Games in July. Some of the sportswear manufacturers seem to be trading at great value in a statisticall...
2024-02-03 03:56:25 ET Summary adidas' recent results show stable revenues despite challenges, with the discontinuation of the Yeezy line impacting sales. Leadership changes and inventory mismanagement pose challenges for adidas's North American operations. adidas is focusing ...
2024-02-02 12:00:23 ET adidas AG (ADDYY) Q4 2023 Results Conference Call February 1, 2024 02:00 AM ET Company Participants Sebastian Steffen - Head of Investor Relations Bjorn Gulden - Chief Executive Officer Harm Ohlmeyer - Chief Financial Officer Conferen...
2024-01-31 13:29:58 ET More on adidas AG adidas: Better Than Expected Performance, But Risks Remain adidas AG: Inventory Reduction Encouraging, But Challenges Remain adidas AG (ADDYY) Q3 2023 Earnings Call Transcript adidas AG GAAP EPS of €1.40, revenu...
2024-01-16 20:01:28 ET Summary ANTA has outperformed its peers only in the Chinese market by emulating successful strategies and avoiding their pitfalls. Despite short-term inventory challenges due to the pandemic and DTC transformation, recovery signs are evident from ANTA’...
2023-12-27 17:03:17 ET Summary Increasingly more people are wearing On Running shoes today, marking the brand's shift from elite running circles to widespread consumer adoption. On Holding AG is taking market share from larger footwear companies like Nike, Adidas, Under Armour, et...
2023-12-10 11:45:40 ET Summary S&P 500 and SPDR S&P 500 ETF Trust reach new 2023 high with 21% YTD returns, surpassing average annual returns of the past decade. Given the strong positive correlation between the index and the US GDP, a slowdown in the US economy and the S&...
2023-11-28 09:49:23 ET Summary Nike reigns as the world's most valuable apparel brand at $31.3 billion. Early Black Friday data indicates a 7.5% YoY surge in discretionary spending, signaling recovery for this blue-chip. I think Nike's forecast for FY24 is conservative; I am a...
2023-11-28 02:52:39 ET Summary adidas has seen contradictory trends YTD, with muted financial performance but 45% price gains on better than expected performance. The company expected a big setback after it let go of rapper Kanye West last year, its partner for Yeezy, coupled with...
2023-11-08 22:09:05 ET adidas AG (ADDYY) Q3 2023 Earnings Conference Call November 8, 2023 9:00 AM ET Company Participants Sebastian Steffen - Head-Investor Relations Bjorn Gulden - Chief Executive Officer Harm Ohlmeyer - Chief Financial Officer Conference ...
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SAN DIEGO, Nov. 07, 2023 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announced an update in the lawsuit that is pending for certain investors in shares of adidas AG (OTC: ADDYY, OTC: ADDDF). Investors, who purchased adidas AG (OTC: ADDYY, OTC: ADDDF) shares long-term and continue to...
Famed jeweler and luxury retail brand %Tiffany & Co. is selling non-fungible tokens ( %NFTs ) for 30 %Ethereum ($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 ...