Adidas Reports Third-Quarter Net Profit of 706 Million Euros
Adidas reported net profit of 706 million euros for the quarter ended September, up from a year earlier. The company said recent investments in innovation and marketing were paying off.
By Andrea FiguerasAdidas reported an increase in net profit for the third quarter and said that its recent investments in innovation and marketing were paying off.The German sportswear group booked net profit of 706 million euros, equivalent to $787.4 million, for the quarter ended September, up fr…