adidas AG ADR

ADDYY: OTCM (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Adidas Earnings: Stellar Performance Tempered by Macroeconomic Concerns; Shares Undervalued

David Swartz

Oct 30, 2025

Adidas' third-quarter sales (EUR 6.63 billion) and operating margin (11.1%) matched its preliminary report of Oct. 21. The firm also held its full-year guidance of 9% constant-currency sales growth and EUR 2 billion in operating profit.

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adidas AG ADR

Adidas Earnings: Stellar Performance Tempered by Macroeconomic Concerns; Shares Undervalued

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