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Adidas raises earnings guidance after strong first quarter
Apr 16, 2024 9:36 AM

FRANKFURT (Reuters) - Sporting goods company Adidas on Tuesday raised its 2024 earnings guidance after a better than expected performance during the first quarter.

In an unscheduled announcement, the company said it now expects full-year operating profit of about 700 million euros ($743.96 million), up from 500 million euros predicted previously.

($1 = 0.9409 euros)

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