Seeking a ‘Restart' Adidas Looks for New CEO

10:34am, Monday, 22'nd Aug 2022
Saying it's time for a restart, footwear company Adidas announced that its supervisory board and CEO Kasper Rorsted have mutually agreed that Rorsted will leave the CEO position in 2023.  Rorsted wil
Adidas ADS, -3.33% in a brief statement said that CEO Kasper Rorsted will leave next year. The company said the decision was made mutually by Rorsted and the board.

adidas: The Market Isn't Being Logical Here

02:59pm, Wednesday, 10'th Aug 2022
adidas has seen plenty of downward pressure in its share price over the past few months - but we view our bullish thesis as very much intact. Our stance is that our long-term investment in adidas will
CNBC's Sara Eisen talks to Adidas CEO Kasper Rorsted about earnings and the company's perspective on the strength of the consumer.
adidas AG (OTCQX:ADDYY) Q2 2022 Earnings Conference Call August 4, 2022 9:00 AM ET Company Participants Sebastian Steffen - Head, Investor Relations Kasper Rorsted - Chief Executive Officer Harm Ohlme
adidas AG (OTCQX:ADDYY) sales and profits jogged lower in the second quarter, hampered by supply squeezes and revenue losses in Russia as well as lockdowns in China. The German sportswear manufactur

Adidas's Fitness Regime Looks Like a Stretch

08:14am, Thursday, 04'th Aug 2022
Weak sales in China leave the sportswear brand increasingly reliant on consumers in Europe and the U.S. to hit its 2025 financial targets.
Adidas CEO Kasper Rorsted believes the controversial Saudi-backed LIV Golf series is part of a "normal evolution" of the sport.
By Joshua Kirby
Adidas on Thursday said operating profit fell by 28% in the second quarter to 392 million euros ($398.43 million), as results suffered from suspending business in Russia, higher supply chain costs and

UBS slashes its rating on Adidas stock

11:12am, Friday, 29'th Jul 2022
Yahoo Finance's Brian Sozzi breaks down why Adidas stock is moving lower today.
Footwear giant Adidas announced Tuesday (July 26) that it's adjusting its outlook for this year downward, citing a slower-than-expected recovery across Greater China since the start of the third quart

New Strong Sell Stocks for July 27th

08:30am, Wednesday, 27'th Jul 2022
AIR, AHEXY, and ADDYY have been added to the Zacks Rank #5 (Strong Sell) List on July 27, 2022.
FRANKFURT (Reuters) -Adidas on Tuesday cut its 2022 earnings target, citing a slower-than-expected recovery in China from pandemic restrictions.
Adidas on Tuesday cut its financial forecast for 2022 as the sneaker and athletic brand suffers from a slower recovery in China.
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