Menu

Post image 1
Post image 2
1 / 2
0

Adidas Beats Market Expectations in Q1 With 14% Sales Growth

WWD·Cathrin Schaer·about 1 month ago
#od7XS43c
Reading 0:00
15s threshold

Adidas continued its growth streak in the first quarter of 2026, notching up a 14 percent rise in sales, in currency neutral terms, to 6.59 billion euros. Currency fluctuations that resulted in a stronger euro made a marked difference to the results. Before the numbers were adjusted for currency neutrality, Adidas ’ net sales growth was 7.1 percent. The results came in above market expectations. “I am very proud of the results our teams delivered in the first quarter,” Adidas chief executive Bjorn Gulden said in a statement. The numbers were “very strong in the current environment,” he noted. The sportswear company’s other achievement in the first quarter was growth in operating profit, Gulden pointed out. This rose from 610 million euros in the same quarter last year to 705 million euros this year, reflecting growth of 15.5 percent.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More