Adidas AG Reports Impressive First Quarter Growth

In a remarkable display of resilience and brand strength, Adidas AG announced a significant uptick in its first-quarter net sales for 2025, reaching €6.15 billion. This marks a 12.7% increase compared to the previous year, slightly surpassing the company's initial forecasts.

Financial Highlights: The company saw net income attributable to shareholders jump by 151.3% to €428 million, with net income from continuing operations rising by 155.3% year on year to €436 million. Earnings per share (EPS) from continuing operations also saw a dramatic increase of 154.1%, settling at €2.44.

Operational Success: Operating profit stood at an impressive €610 million, an 81.7% increase from the same period in 2024, reflecting a robust operational margin of 9.9%.

"Our double-digit growth across all markets and channels, even in today's volatile environment, is a testament to the strength of our brand and the dedication of our team. This quarter's performance underscores the immense potential of Adidas," stated CEO Bjorn Gulden.