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05 Aug 2021
ADIDAS - Conviction BUY | EUR330(+2%) Q2 numbers top expectations and more upbeat FY21 outlook

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ADIDAS - Conviction BUY | EUR330(+2%) Q2 numbers top expectations and more upbeat FY21 outlook
ADIDAS - Conviction BUY | EUR330(+2%)
Q2 numbers top expectations and more upbeat FY21 outlook
Q2 sales: 2% beat vs. CS forecasts
Strong momentum in EMEA and North America
Strong operating leverage: 14% beat at the EBIT level
More upbeat FY21 outlook already anticipated by CS