Skip to content

Tag Archives: Adidas

Adidas’ Profits Plummet

06-May-09

One year ago, Adidas AG reported solid earnings as its soccer equipment sales were boosted by the Euro 2008 soccer tournament. This year however, the sporting goods maker wasn’t as fortunate, as its profits plummeted 97% to EUR 5M for the first three months of 2009. Sales for the period were down 2% to EUR [...]

Financial News Summary – May 5, 2009

05-May-09

- Kraft Foods Inc Earnings Top Estimates – Adidas AG Sees First Quarter Profits Plummet, Announces Job – UBS Cautious on Outlook