Adidas AG (OTCQX:ADDYY) (ADDF) rose again on Wednesday as the investors and analysts latched on to the better-than-anticipated preliminary Q4 earnings report. The German athletic apparel company said ...
Adidas' sales and profitability are on the rise in FY24. Read why ADDYY stock is primed for continued growth, especially with Nike’s current struggles.
Shares in Adidas climbed after the company beat its own profit expectations amid fierce competition in the sector and as its biggest rival, Nike, continues to pursue a brand revamp strategy.