Adidas surges, but warns of US tariffs

Adidas confirms its preliminary quarterly figures: Q3 was a record quarter. Growth came mainly from running and soccer shoes, both of which saw “strong double-digit” increases.

Building on the classics

In the third quarter, sales rose by 12% to €6.6 billion, the highest quarterly sales ever for the sports brand. The running category in particular excelled with growth of more than 30%. However, the strong euro reduced quarterly sales by more than €300 million. Operating profit climbed 23% to €736 million, while net profit increased 4.1% to €461 million.