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Adidas reports first-quarter operating profit above expectations

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Adidas reports first-quarter operating profit above expectations

Apr 28, 2026 10:39 PM

April 29 (Reuters) - Germany's Adidas on

Wednesday reported better-than-expected operating profit in the

first quarter, as demand for its sportswear helped it keep

prices stable despite weaker consumer sentiment.

Operating profit in the first three months of 2026 rose by

16% to 705 million euros ($825 million), above the 647 million

euros projected by analysts in a company-compiled poll.

Adidas reported 610 million in operating profit in the same

period a year earlier.

($1 = 0.8544 euros)

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