adidas AG (ADDYY)
| Previous Close | 122.29 |
| Open | 122.71 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 121.23 - 122.83 |
| 52 Week Range | 79.58 - 122.83 |
| Volume | |
| Avg. Volume | 60,690 |
| Market Cap | 43.466B |
| Beta (5Y Monthly) | 1.11 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.35 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.38 (0.31%) |
| Ex-Dividend Date | May 17, 2024 |
| 1y Target Est | 110.34 |
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- Yahoo Finance Video
Adidas raises 2024 profit guidance on robust footwear demand
Sportswear giant Adidas (ADDYY) has raised its full-year profit target for 2024, citing strong ongoing demand for its legacy footwear products, including the iconic Samba sneaker, as well as the sale of its remaining Yeezy inventory. The company now expects to generate a profit of $745 million for the full year, a significant increase from its previous guidance of $532 million. Yahoo Finance Retail Reporter Brooke DiPalma breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
