adidas lifts FY25 outlook after broad-based Q3 gains
adidas has raised its full-year 2025 guidance following double-digit growth across regions, product categories and sales channels in the third quarter (Q3) of the year. The German sportswear company now forecasts operating profit of €2bn ($2.32bn), up from its previous guidance of between €1.7bn and €1.8bn. “The improved profitability outlook reflects continued brand momentum, the better-than-expected business performance, as well as the company’s successful efforts to partly mitigate the additional cost ...