Adidas hikes 2024 earnings guidance after second-quarter beat
By Reuters Published Jul 17, 2024 German sportswear maker Adidas is increasing its full-year earnings guidance after a better than expected second quarter, it said on Tuesday, in its second upgrade this year. Adidas The success of the company’s low-rise multi-coloured Samba and Gazelle sneakers, along with weaker sales at rival Nike had been expected to help [...]read moreAdidas hikes 2024 earnings guidance after second-quarter beat