Adidas 2023 Sales EUR21.43B
By Mauro Orru Adidas said its revenue and operating profit last year exceeded company guidance after a better-than-expected performance in the fourth quarter...
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By Mauro Orru Adidas said its revenue and operating profit last year exceeded company guidance after a better-than-expected performance in the fourth quarter...
The company expects a full-year operating loss of around €100 million, better than past projections.
The shares, which are off more than 6% since the start of the month and more than 20% so far this year, are hovering not far above their 52-week low.
The stock, which is off more than 6% since the start of the month and more than 20% so far this year, is hovering not far above its 52-week low.
Shares of Swiss-based On Holding sold off after second-quarter earnings. Investors may have moved too quickly.