Adidas Had Strong 1Q -- Market Talk

Dow Jones

04/24

0659 GMT - Adidas's preliminary figures show that the German sportswear group had a better-than-expected first quarter, Citi analysts write in a research note. Sales came in at 6.15 billion euros, 13% higher than in the prior-year period in currency-neutral terms. The analysts note the result was ahead of consensus of 12% growth. The company's gross margin rose to 52.1% from 51.2%, above consensus of 51.8%. "We expect a positive reaction to this update given the material beat, gross margin strength, and recent share price weakness," the analysts say. (mauro.orru@wsj.com)

(END) Dow Jones Newswires

April 24, 2025 02:59 ET (06:59 GMT)

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Sales came in at 6.15 billion euros, 13% higher than in the prior-year period in currency-neutral terms. The analysts note the result was ahead of consensus of 12% growth. The company's gross margin rose to 52.1% from 51.2%, above consensus of 51.8%. \"We expect a positive reaction to this update given the material beat, gross margin strength, and recent share price weakness,\" the analysts say. (mauro.orru@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 24, 2025 02:59 ET (06:59 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ADDYY","symbol_name":"阿迪达斯","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2529282136","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2529282136","pubTimestamp":1745477940,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0659 GMT - Adidas's preliminary figures show that the German sportswear group had a better-than-expected first quarter, Citi analysts write in a research note. Sales came in at 6.15 billion euros, 13% higher than in the prior-year period in currency-neutral terms. The analysts note the result was ahead of consensus of 12% growth. The company's gross margin rose to 52.1% from 51.2%, above consensus of 51.8%. \"We expect a positive reaction to this update given the material beat, gross margin strength, and recent share price weakness,\" the analysts say. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ADDYY":"阿迪达斯","BK4585":"ETF&股票定投概念","BK4558":"双十一","BK4202":"服装、服饰与奢侈品"},"translate_title":"阿迪达斯第一季度表现强劲——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ADDYY":0.9},"content_text":"0659 GMT - Adidas's preliminary figures show that the German sportswear group had a better-than-expected first quarter, Citi analysts write in a research note. Sales came in at 6.15 billion euros, 13% higher than in the prior-year period in currency-neutral terms. The analysts note the result was ahead of consensus of 12% growth. The company's gross margin rose to 52.1% from 51.2%, above consensus of 51.8%. \"We expect a positive reaction to this update given the material beat, gross margin strength, and recent share price weakness,\" the analysts say. (mauro.orru@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 24, 2025 02:59 ET (06:59 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}