Adidas Preliminary Q1 Results Show Double-Digit Growth Across All Markets [Yahoo! Finance]
ADIDAS AG S/ADR (ADDYY)
NASDAQ:AMEX Investor Relations:
adidas-group.com/en/investors/overview
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Source: Yahoo! Finance
According to the German athletic company's preliminary results for Q1 2025, Adidas saw revenues grow nearly 700 million euros, or 13 percent, to 6.15 billion euros in the period, up from 5.46 billion at the same time last year. More from Footwear News Pharrell's $500 Adidas Super Shoe Is Returning Only for the London Marathon in Limited Numbers 3 Things to Watch Ahead of Q1 Earnings Season - From Tariff Impacts to Winners and Losers Excluding Yeezy sales in the prior year, currency-neutral revenues for the Adidas brand increased 17 percent. Adidas added that having completed the sale of the remaining Yeezy inventory at the end of last year, the company's results for the first quarter of 2025 do not include any Yeezy contribution. The company's gross margin improved 0.9 percentage points to 52.1 percent, up from 51.2 percent in Q1 2024, while operating profit reached 610 million euros, up from 335 million euros the same time last year. Shares of Adidas AG were up over 4 pe
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