Reported about 22 hours ago
Adidas reported a slowdown in sales growth in North America for the third quarter, with an 8% increase year-over-year, lagging behind other regions which saw growth of 10% to 21%. The decline in revenues also included a 5% dip when factoring in sales from the discontinued Yeezy line. The company has been adjusting its pricing and supply chain due to recent U.S. tariffs affecting imports, and is focused on preparing for upcoming sporting events in 2026.
Source: YAHOO