adidas AG Stock
Adidas AG (ADDDF) is a multinational corporation that specializes in the design, development, manufacturing, and marketing of athletic footwear, apparel, and accessories. It is one of the largest sportswear manufacturers in the world, with operations spanning across Europe, North America, Asia, and Latin America. The company's portfolio includes popular brands such as Adidas, Reebok, TaylorMade, and Runtastic. With a strong focus on innovation and sustainability, the company is committed to delivering high-quality products that meet the evolving needs of its customers. Adidas is also a publicly traded company listed on the Frankfurt Stock Exchange, with a market capitalization of over €64 billion as of August 2021.
Pros and Cons of adidas AG in the next few years
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Performance of adidas AG vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| adidas AG | 0.180% | 10.193% | 7.369% | 35.301% | 19.397% | -20.963% | -3.951% |
| Nike Inc. B | 0.180% | 7.426% | -2.829% | -22.943% | -9.776% | -20.605% | 13.021% |
| Yue Yuen Industrial Holdings Ltd | 1.490% | -1.471% | 1.515% | 6.349% | 37.436% | -36.190% | -53.212% |
| ANTA Sports Products Ltd | 5.120% | -7.610% | 3.878% | -19.867% | 9.697% | -37.416% | - |
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.The financial performance of Adidas, operating under the US symbol ADDDF in the Textiles & Apparel industry, appears to be quite interesting. A general overview of the company's financials suggests that Adidas experienced some ups and downs over the past few years, which is not uncommon in such industries. In recent periods, the company has shown improvements, which could be a positive sign for potential investors. However, some challenges may still persist. To better understand the financial health of Adidas, a thorough analysis of the pros and cons should be conducted.
Increasing Revenue: Adidas has experienced an increase in total revenue over the past years, which is a positive sign for the company. In the most recent year, the total revenue is €22.51 billion, an increase of over € 2 billion compared to €20.07 billion the previous year.
Growth in Gross Profit: The gross profit margin of the company has seen commendable growth over the years. For instance, the gross profit increased from €9.85 billion in 2020 to €10.67 billion in 2021, reflecting a positive trend.
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EQS-Adhoc: adidas delivers better-than-expected performance in the first quarter and increases its full-year guidance
EQS-Adhoc: adidas full-year results exceed latest expectations; company decides not to write off most of its Yeezy inventory