Adidas Raises Full-Year Profit Outlook
German sportswear maker Adidas raised its full-year profit outlook after reporting a 37 percent increase in third-quarter operating profit. The company benefited from robust demand, full-price sales, and a US tariff refund.
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ADIDAS AG raised its full-year profit outlook and reported a 37% surge in third-quarter operating profit to €1.008 billion on Tuesday morning. The Germany sportswear maker benefited from a tariff refund and strong full-price sales.
