Adidas posted strong third-quarter growth. CEO Bjørn Gulden said the footwear giant is building momentum to become "a great company again." Adidas thrives with retro styles like Samba, while competitors face challenges in the market. Insider Today NSIDER TODA Sign up to get the inside scoop on today's biggest stories in markets, tech, and business — delivered daily. Read preview Bull Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed ...

业绩总结 - 2024年第三季度净销售额为6,438百万欧元，同比增长7%（不包括YEEZY增长10%）[24] - 毛利润为3,301百万欧元，占净销售额的51.3%，同比增长12%（毛利率提升2.0个百分点）[26] - 营业利润为598百万欧元，占净销售额的9.3%，同比增长46%（营业利润率提升2.5个百分点）[28] - 净收入从270百万欧元增长至469百万欧元，同比增长73%[28] - 每股收益从1.40欧元增长至2.44欧元，同比增长75%[28] 用户数据 - 大中华区第三季度收入增长9%，北美下降7%，欧洲增长18%[8] - 第三季度按渠道划分，直营零售增长25%，电商增长15%[9] - 鞋类产品在第三季度增长14%，服装增长5%，配件增长10%[10] 财务状况 - 截至2023年9月30日，库存为48.49亿欧元，预计到2024年9月30日降至45.24亿欧元，下降幅度为7%[29] - 应收账款从2023年9月30日的27.21亿欧元增加到29.51亿欧元，增长8%[30] - 应付账款从2023年9月30日的20.13亿欧元增加到25.89亿欧元，增长29%[30] - 运营流动资金从2023年9月30日的55.57亿欧元减少到48.86亿欧元，下降12%[30] - 现金及现金等价物从2023年9月30日的9.54亿欧元增加到17.81亿欧元，增长87%[34] - 净杠杆比率从2023年第三季度的4.8降至2024年第三季度的2.1，显示出强劲的财务改善[39] 未来展望 - 2024财年净销售额预计增长约10%，其中包括5000万欧元的额外收入贡献[40] - 2024财年运营利润预计为12亿欧元，较之前的7000万欧元有所上调[40] - 预计2024年第一季度YEEZY销售额为1.5亿欧元，第二季度为2亿欧元，第三季度为2亿欧元，第四季度为5000万欧元[42] - 2024财年YEEZY的运营利润预计为0欧元，主要是以成本价销售剩余库存[41] 其他信息 - 其他营业收入从5百万欧元增长至113百万欧元，同比增长2,363%[26]

财务数据和关键指标变化 - 公司在2024年第三季度实现了10.3%的货币中性增长，剔除YEEZY后增长达到14% [7][40] - 毛利率为51.3%，较上年提高2个百分点，剔除YEEZY后毛利率更高 [41][44] - EBIT为5.98亿欧元，同比增长近50%，EBIT率为9.3% [7][49] 各条业务线数据和关键指标变化 - 鞋类业务增长14%，服装业务增长5%，配件业务增长双位数 [20] - 体育类产品销售增长10%，运动服装增长4%，篮球和滑板类产品增长20% [21] 各个市场数据和关键指标变化 - 北美市场实现小幅增长，订单情况乐观 [8][11] - 欧洲市场增长18%，剔除YEEZY后增长21% [9] - 中国市场增长8%，公司认为正在获得市场份额 [9] - 日本和韩国市场增长17%，拉美市场增长30% [10] 公司战略和发展方向和行业竞争 - 公司继续重视品牌建设，计划在新兴市场扩展品牌影响力 [19] - 将继续投资于零售概念，特别是女性专属店 [15] - 公司强调将通过本地化策略满足不同市场的需求 [57] 管理层对经营环境和未来前景的评论 - 管理层对未来的增长持乐观态度，预计将继续实现双位数增长 [66] - 管理层表示，尽管面临外汇压力，但仍将继续重视销售和市场营销的投资 [55][56] 其他重要信息 - 公司在YEEZY产品的清理上取得进展，预计在2024年第一季度结束时将清理完毕 [55] - 公司计划在2024年继续进行结构调整，以提高运营效率 [75] 问答环节所有提问和回答 问题: 关于未来几季度的收入增长预期 - 管理层预计未来几季度将保持当前的收入增长势头，目标是继续实现双位数增长 [66] 问题: 关于公司在分销渠道和产品种类上的扩展 - 管理层认为，扩展SKU数量和分销渠道将对收入产生积极影响，但不会对盈利能力产生负面影响 [66] 问题: 关于北美市场的增长驱动因素 - 管理层指出，北美市场的增长主要得益于品牌热度的提升和零售商对产品的需求增加 [73] 问题: 关于运营费用的特殊项目 - 管理层确认，Runtastic的关闭和IT基础设施的减值是运营费用中的特殊项目 [75] 问题: 关于2024年的销售增长是否剔除YEEZY - 管理层表示，未来的销售增长目标是基于剔除YEEZY的基础上 [79] 问题: 关于EBIT指导的保守性 - 管理层承认，EBIT指导中可能包含保守因素，但强调将专注于长期的可持续增长 [78] 问题: 关于库存管理和未来需求的满足 - 管理层表示，库存管理良好，能够满足未来的需求 [50][88] 问题: 关于税率的预期 - 管理层预计，未来的税率将保持在26%左右，并可能逐步改善 [90]

Adidas has reached an out-of-court settlement with rapper Ye to end all legal proceedings between them, the sportswear brand said on Tuesday, adding that no money changed hands in the agreement. Adidas and Ye had been embroiled in multiple lawsuits for the past two years, since the German company ended a partnership with the rapper previously known as Kanye West over antisemitic comments he made. "There isn't any more open issues, and there is no… money going either way, and we both move on," CEO Bjorn Guld ...

The Zacks Shoes and Retail Apparel industry continues to face challenges from rising costs, lower consumer spending on discretionary items, and increased marketing investments, which have weighed on profits. Additionally, unfavorable currency fluctuations pose risks for companies with global operations. However, the industry has been promising due to growing consumer interest in healthy lifestyles, driving demand for activewear and athletic footwear. Innovative designs have been key growth drivers for indus ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Carnival Corporation & plc (CCL) : This leisure travel services provider has seen the Zacks Consensus Estimate for its current year earnings increasing 7.6% over the last 60 days. TransMedics Group, Inc. (TMDX) : This medical technology company has seen the Zacks Consensus Estimate for its current year earnings increasing 11.8% over the last 60 days. Community Financial System, Inc. (CBU) : This bank holding company has seen the Zacks ...

For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Adidas AG (ADDYY) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question. Adidas AG is one of 273 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #8 within the Zacks Sector Ran ...

No investor likes a recommendation downgrade. Investors clearly weren't ready to play with shares of Adidas (ADDYY -1.94%) on the second trading day of the week. The athletic wear company's U.S.-traded shares lost nearly 2% in value on a day when the market generally did well, with the S&P 500 index closing 0.5% higher. Adidas didn't have any negative news of its own to report, but an analyst's new take on the stock triggered the sell-off. Downgraded from buy to hold The person behind the move was Barclays ...

For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Adidas AG (ADDYY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. Adidas AG is one of 280 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #10 w ...

For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Adidas AG (ADDYY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question. Adidas AG is a member of our Consumer Discretion ...