1155 GMT - Adidas should continue to outperform the wider sports goods market in the second quarter, Deutsche Bank analysts write in a research note. The German sporting goods company reported first-quarter results that came ahead of expectations, but chose not to upgrade its targets for the year at the time. First-half results could lead to an upgrade, DB says. The analysts believe the company will raise the EBIT outlook to between 1.7 billion euros and 1.8 billion euros for 2025. The question is whether the new guidance will be ahead of the current consensus expectations, they say. Shares are up 2.8% at 203.50 euros. (andrea.figueras@wsj.com)
(END) Dow Jones Newswires
July 01, 2025 07:55 ET (11:55 GMT)
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