adidas AG (ADDYY)
- Simply Wall St.
The 9.8% return this week takes adidas' (ETR:ADS) shareholders one-year gains to 40%
If you want to compound wealth in the stock market, you can do so by buying an index fund. But one can do better than...
- Yahoo Finance
Higher oil prices, shipping disruptions create a double-edged sword for retailers
Higher freight costs and lower consumer buying power could hit retailers in the coming months.
- 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
