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09 Mar 2022
ADIDAS: Ambitious FY22 outlook should overshadow uninspiring Q4 numbers | Conviction BUY Top Picks | EUR335

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ADIDAS: Ambitious FY22 outlook should overshadow uninspiring Q4 numbers | Conviction BUY Top Picks | EUR335
ADIDAS - Conviction BUY Top Picks | EUR335
Ambitious FY22 outlook should overshadow uninspiring Q4 numbers
Q4 FX-n sales decline (-3%) a touch below CS (-1%e) mainly caused by China and Asia-Pacific
Headwinds continued to dent Q4 margins
Ambitious FY22 outlook despite geopolitical and economical risks