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• BP
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European stocks lower as investors digest earnings; Germany needs reforms - IMF

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Top Adidas shareholder cuts stake to 3.51%

Groupe Bruxelles Lambert reduces its Adidas stake to 3.51%, down from 5.1%, while expressing continued support for the company and its management.

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Adidas sees strong sales in China as it opens more stores

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• ITX
• NKE
• UA

Analysis-Bricks over clicks as shops come back into fashion in Europe

European retailers are revitalizing physical shops to enhance online sales and meet consumer demands, reflecting a renewed interest in in-store shopping post-pandemic.

• ADDYY
• NKE

Adidas downgraded at HSBC: 'It is now time to take a breather'

HSBC downgraded Adidas from Buy to Hold, citing limited short-term growth potential despite strong Q3 earnings, and lowered its target price from €300 to €260.

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• BCE
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Analysis-As Nike struggles, Adidas must surf Samba wave with caution

Adidas is gaining market share from Nike amidst its struggles, driven by demand for Samba and Gazelle sneakers, while exploring new designs and lower price points.

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• ADSGN

RBC sees an attractive earnings setup for Adidas

RBC Capital Markets finds Adidas AG stock attractive ahead of its Q3 2024 report. They expect strong revenue growth and have raised EBIT estimates and price targets.

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• ADSGN
• LULU
• NKE

Adidas stock could outperform in near term says Baird

Analysts from Baird express a short-term optimistic outlook for Adidas stock, citing strong brand momentum, key market performance, and potential catalysts despite longer-term concerns.

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565 Million $UNITE Tokens To Give In Unite’s Giveaway