0929 GMT - Adidas seems to be experiencing positive trends, with strong revenue growth and good management, RBC Capital Markets analyst Piral Dadhania says in a research note. The German sporting-goods company is making meaningful progress due to changes made under the leadership of CEO Bjorn Gulden, the analyst says. Despite fierce competition in the sector with brands such as Hoka and On, Adidas should be able to win market share, benefiting from a weak performance of rivals Nike and Puma, which are currently experiencing their own challenges, Dadhania adds. Shares in Adidas are up 0.3%. (andrea.figueras@wsj.com)
(END) Dow Jones Newswires
May 23, 2025 05:30 ET (09:30 GMT)
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