adidas AG

Equities

ADS

DE000A1EWWW0

Footwear

Market Closed - Xetra 11:37:46 2024-04-30 am EDT After market 03:59:49 pm
226.4 EUR -2.54% Intraday chart for adidas AG 226 -0.20%

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Transcript : Adidas AG, Q1 2024 Earnings Call, Apr 30, 2024
Adidas records robust growth except in North America DP
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ADIDAS : UBS remains its Buy rating ZD
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Adidas AG Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
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adidas AG is one of the world leaders in the design, manufacturing and marketing of sports equipment and articles. The group's products are sold primarily under the following brands: adidas, TaylorMade and Reebok. Net sales (before intragroup eliminations) break down by family of products as follows: - shoes (56.7%); - clothing (36.4%); - sports equipment (6.9%): golf equipment (golf clubs, balls, gloves, metal clubs, etc.; No. 1 worldwide; TaylorMade and Maxfli), bags, balls, etc. At the end of 2023, the products are marketed through a network of more than 2,000 stores worldwide. Net sales are distributed geographically as follows: Europe-Middle East and Africa (39.4%), North America (24.4%), China (15%), Latin America (10.7%) and Asia/Pacific (10.5%).
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More about the company
Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
28
Last Close Price
232.3 EUR
Average target price
215.4 EUR
Spread / Average Target
-7.28%
Consensus
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  5. UBS Keeps Adidas at Buy, Lifts PT