Adidas in Pivotal Point Check: Sportswear Manufacturer Exceeds All Expectations in 4th Quarter - Nearly 6 Billion Euros in Revenue and 49.8% Gross Margin!
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According to preliminary calculations, the Herzogenaurachers were able to increase revenue in the 4th quarter by 24% to nearly 6 billion euros. JPMorgan has raised the price target for Adidas from 266 to 275 euros. CEO Björn Gulden sees potential to increase market share in all markets. The sportswear manufacturer surpassed all expectations in the 4th quarter. According to preliminary calculations, revenue increased by 24% to nearly 6 billion euros, as Adidas announced on January 21, 2025. Analysts surveyed by Bloomberg had only expected...
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