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Adidas Shares Plummet After Disappointing Q2 Results

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Insights by Echo AI

Adidas shares dropped significantly, by 16% to 18%, following the release of the company's second-quarter results. The decline was attributed to earnings that missed analyst expectations, with marketing costs related to the football World Cup being a major factor.

Source coverage

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7

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X / Twitter

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Telegram

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RSS

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7 Sources

  1. Giuseppe Masala avatar

    Giuseppe Masala

    Telegram / @giuseppemasala

    ❤️ Market News Feed: Le azioni di Adidas sono scese del 16% dopo che i...

  2. First Squawk avatar

    First Squawk

    X / Twitter / @FirstSquawk

    ADIDAS SHARES FALL 16% AFTER Q2 EARNINGS MISS ESTIMATES

  3. Borsen.dk avatar

    Borsen.dk

    RSS / @borsen.dk/rss

    Adidas opjusterer – aktien falder 16 pct.Det tyske sportsmærke Adidas...

  4. ZeroHedge avatar

    ZeroHedge

    X / Twitter / @zerohedge

    ADIDAS SHARES FALL 16% AFTER 2Q EARNINGS MISS ESTIMATES

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