Record-Breaking Revenue and Growth
Adidas achieved EUR 6.63 billion in Q3, marking the highest quarter ever for the company with a 12% currency-neutral growth.
Strong Margin Performance
The company reported a gross margin of 51.8%, which is 50 basis points higher than the previous year.
EBIT Achievements
Adidas reported an EBIT of EUR 736 million in Q3 with an EBIT percentage of 11.1%.
Regional Growth Success
Growth in key markets: Greater China up 12%, Japan and South Korea up 11%, and LatAm markets continue to perform strongly.
E-commerce Growth
E-commerce sales grew by 15%, indicating strong digital performance.
Sports Performance
Performance sports categories increased by 17%, with notable success in football, running, training, and basketball.
World Cup Opportunity
Adidas anticipates a EUR 1 billion opportunity from the upcoming World Cup.