Adidas AG reported on Tuesday that its net sales in the first quarter of 2025 amounted to €6.15 billion, climbing 12.7% compared to the same period a year earlier and coming in slightly above the company's preliminary estimate.
Net income attributable to shareholders soared 151.3% to €428 million and net income from continuing operations rallied 155.3% year on year to €436 million. Diluted earnings per share (EPS) from continuing operations surged 154.1% to €2.44, while diluted EPS from continuing and discontinued operations skyrocketed 151.3% to €2.40. Operating profit stood at €610 million, up 81.7% compared to the same trimester in 2024.
"Double-digit growth across all markets and channels in today’s volatile environment shows the strength of our brand and underlines the great job our people are doing. The operating profit of € 610 million and the 9.9% operating margin prove the great potential of our company. A great quarter!" CEO CEO Bjorn Gulden stated.
