ADDYY Adidas RESULTS: Q2, Q2 operating margin 8.5%, Q2 sales EUR 6.743B, Adidas Earnings Notes:, Adidas Q2 gross margin 52.5% (not 0.8%), RE
ADDYY Adidas RESULTS: Q2, Q2 operating margin 8.5%, Q2 sales EUR 6.743B, Adidas Earnings Notes:, Adidas Q2 gross margin 52.5% (not 0.8%), REVs now expected to grow between 9% and 10% (previously: high-single-digit growth), Operating profit still expected to increase to around EUR 2.3B, EUR 212M higher marketing investments into successful world cup campaigns and activations, Potential future US tariff refunds not reflected in full-year guidance, Only recognized a small p&l benefit from first US tariff refunds received in Q2
ADDYY Adidas RESULTS: Q2, Q2 operating margin 8.5%, Q2 sales EUR 6.743B, Adidas Earnings Notes:, Adidas Q2 gross margin 52.5% (not 0.8%), REVs now expected to grow between 9% and 10% (previously: high-single-digit growth), Operating profit still expected to increase to around EUR 2.3B, EUR 212M higher marketing investments into successful world cup campaigns and activations, Potential future US tariff refunds not reflected in full-year guidance, Only recognized a small p&l benefit from first US tariff refunds received in Q2