Adidas Raises Full-Year Profit Outlook as It Rides Out Tariff Impact
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Adidas Raises Full-Year Profit Outlook as It Rides Out Tariff Impact

Germany’s Adidas on Tuesday raised its operating profit guidance for the full year, saying it successfully mitigated part of the extra costs caused by higher US tariffs. The sportswear brand predicted a 2025 operating profit of about €2.0 billion ($2.3 billion), up from a range of €1.7–1.8 billion it had previously projected, thanks to a better-than-expected...