Adidas Topped Earnings Estimates. Why the Stock Is Plummeting. - Barron's
1. Adidas' earnings beat estimates but revenue fell short of expectations. 2. The company did not raise its full-year guidance due to tariff impacts. 3. Tariffs could cost Adidas an additional €200 million in the following year. 4. CEO expressed concerns over potential inflation affecting consumer demand. 5. Stock dropped 10% due to investor disappointment with results and outlook.