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Adidas (DE:ADS1)
FRANKFURT:ADS1
Earnings Data
Report Date
Apr 29, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.02Last Year’s EPS
0.47Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 05, 2025
|% Change Since: -5.93%
|Next Earnings Date:Apr 29, 2025
Earnings Call Sentiment|Positive
Adidas reported strong financial performance with notable growth across markets and successful product launches. However, challenges such as the impact of the Yeezy line discontinuation and potential market volatility due to tariffs present risks. Despite these challenges, the company's strategic initiatives and operational improvements suggest a positive outlook.Company Guidance
In the 2024 full-year conference call, adidas provided a detailed outlook for 2025, highlighting a projected operating profit between €1.7 billion and €1.8 billion, despite the removal of €650 million in Yeezy revenue from the previous year. The company anticipates double-digit growth in the adidas brand, with a focus on expanding its presence in different markets, including North America, where it expects consistent double-digit growth. The gross margin is expected to improve beyond the 50.8% achieved in 2024, driven by better product costing and reduced discounting, despite a 30 basis point headwind from the absence of Yeezy sales. Additionally, adidas plans to maintain its marketing spend at around 12% of sales while focusing on reducing overhead costs to achieve a 10% EBIT margin by 2026. The company emphasized its flexibility to adjust production and capacity in response to market volatility and highlighted the strong performance across all regions and categories, with a positive order book outlook extending into Q3 2025.Strong Revenue Growth
Adidas achieved a revenue of €23.6 billion in 2024, marking a 12% currency-neutral growth. The gross margin improved to 50.8%, a 330 basis point increase, showcasing effective product placement and reduced discounting.
Market Performance
Double-digit growth was observed in all markets except Japan and South Korea, with notable performances in North America (up double digits in Q4) and Greater China (up 10%).
Innovative Product Launches
Adidas launched several successful products, including the Terrex shoes, Samba, Gazelle, and the new Evo SL running shoes, which have been met with high demand.
Partnerships and Sponsorships
Adidas secured key partnerships, including Mercedes AMG Petronas and sports figures like Bonmati, Yamal, and Travis Hunter, enhancing brand visibility and market penetration.
Operational Efficiency
The company achieved significant improvements in operating working capital, reducing it from 25.7% to 19.7%, indicating effective inventory and receivables management.
Sustainability Achievements
Adidas made progress on ESG goals, reducing carbon intensity per product by over 5% and achieving nearly 100% recycled polyester usage.
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DE:ADS1 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DE:ADS1 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 05, 2025 | €118.00 | €120.00 | +1.69% |
| Oct 29, 2024 | €105.00 | €109.00 | +3.81% |
| Jul 31, 2024 | €117.00 | €117.00 | 0.00% |
| Apr 30, 2024 | €117.77 | €114.78 | -2.54% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Adidas (DE:ADS1) report earnings?
Adidas (DE:ADS1) is schdueled to report earning on Apr 29, 2025, TBA Not Confirmed.
What is Adidas (DE:ADS1) earnings time?
Adidas (DE:ADS1) earnings time is at Apr 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Adidas stock?
The P/E ratio of Adidas is N/A.
What is DE:ADS1 EPS forecast?
DE:ADS1 EPS forecast for the fiscal quarter 2025 (Q1) is 1.02.
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