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adidas (ADS) investor relations material
adidas AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Leadership expressed pride in recent achievements and set a positive, forward-looking tone for the meeting.
Celebrated historic sports milestones and brand visibility in major global events.
Financial performance review
Achieved 13% currency-neutral growth, with double-digit increases across all regions and channels.
Gross margin reached a record 51.6%, with operating profit at EUR 2.056 billion, up 54%.
Net profit per share rose 67% to EUR 4.90; inventories increased to support major events like the World Cup.
Strong investment in retail, digital infrastructure, and disciplined cost management maintained profitability.
S&P and Moody's affirmed strong investment-grade ratings with a stable outlook.
Dividend announcements
Proposed dividend increased from EUR 2.00 to EUR 2.80 per share, totaling EUR 500 million payout.
Announced a EUR 1 billion share buyback, with half already completed.
- Q1 2026 delivered 14% revenue growth and higher profits, driven by strong D2C and apparel.ADS
Q1 202629 Apr 2026 - Record sales and profit growth in 2025, with strong outlook despite FX and tariff headwinds.ADS
Q4 20254 Mar 2026 - Q2 saw double-digit sales growth, higher margins, and upgraded full-year guidance to EUR 1 billion EBIT.ADS
Q2 20242 Feb 2026 - Q3 2024 delivered double-digit sales growth, record margin, and a raised profit outlook.ADS
Q3 202418 Jan 2026 - Double-digit sales and profit growth in 2024, with a strong outlook for 2025.ADS
Q4 202411 Dec 2025 - Q1 2025 delivered double-digit growth and higher profit, with guidance steady despite tariff risks.ADS
Q1 202529 Nov 2025 - Double-digit H1 growth, €12.1bn sales, and robust outlook despite €200m tariff headwind.ADS
Q2 20256 Nov 2025 - Record Q3 results, margin expansion, and raised 2025 outlook despite tariff and FX headwinds.ADS
Q3 202530 Oct 2025 - adidas raised 2024 guidance after strong Q3 growth and margin expansion.ADS
Q3 2024 TU13 Jun 2025
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