Adidas Raises Full-Year Operating Profit Outlook to About €2.5 Billion
Adidas raised its full-year operating profit outlook to around €2.5 billion from about €2.3 billion. Third-quarter revenue rose 9% to a record €7.25 billion, with footwear demand supporting growth.
The company now expects operating profit of around €2.5bn for the year, up from previous guidance of about €2.3bn, reflecting continued momentum across key markets and product categories.Third-quarter revenue rose 9% to a record €7.25bn, with strong demand for footwear helping to drive growth despi…