Adidas Wins the World Cup and Loses the Market
Yahoo Finance·2026-07-30 23:28
Adidas Wins the World Cup and Loses the Market - Moby THE GIST Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Adidas delivered record second-quarter sales of €6.7 billion (about $7.7 billion), up 14% on a currency-neutral basis, helped by the FIFA World Cup, football kits, running demand and strong apparel sales. But operating profit rose only 5% to €574 million, missing expectations as marketing c ...