adidas (OTCMKTS:ADDDF – Get Free Report) will likely be issuing its resultson Thursday, July 30th. Analysts expect adidas to post earnings of $2.73 per share and revenue of $7.5353 billion for the quarter.
adidas Stock Performance
Shares of ADDDF opened at $195.85 on Wednesday. The company’s 50 day simple moving average is $197.60 and its 200-day simple moving average is $179.93. adidas has a 12-month low of $145.65 and a 12-month high of $230.53.
About adidas
adidas AG (OTCMKTS:ADDDF) is a German multinational corporation specializing in the design, manufacture and distribution of athletic footwear, apparel and accessories. The company’s product portfolio spans performance running, training, football, basketball, outdoor and lifestyle categories, serving professional athletes and everyday consumers. Through its flagship adidas brand and collaborations under labels such as Y-3 and adidas Originals, the firm delivers style-driven, technology-rich offerings worldwide.
adidas operates an integrated value chain that encompasses product design, research and development, sourcing, manufacturing and wholesale and direct-to-consumer channels.
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