1112 GMT - Adidas' brand momentum could offset the current volatile macroeconomic environment, particularly in the U.S., RBC Capital Markets analysts write in a note. The brand momentum of the German sporting-goods company remains strong compared with its peers, especially U.S. giant Nike, they say. The analysts expect Adidas to report revenue of 6.18 billion euros for the first quarter, up 13% organically compared with the prior-year period. Shares are down 0.8% at 221.50 euros. (andrea.figueras@wsj.com)
(END) Dow Jones Newswires
April 02, 2025 07:12 ET (11:12 GMT)
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