Entering text into the input field will update the search result below

Adidas unveils growth plan

Jun. 24, 2015 11:43 AM ETadidas AG (ADDYY) StockADDYY, ADDDFBy: Clark Schultz, SA News Editor
  • Adidas (OTCQX:ADDYY, OTCQX:ADDDF) gave a presentation to investors today in Germany.
  • The company said it expects to grow its football business (soccer) by a mid-single-digit rate over the next five years, boosted by new footwear product introductions.
  • Revenue in the running business is expected to double on a currency-neutral basis by 2020.
  • Management outlined other measures on the cost side to help boost net income by 15% a year on average over the next five years.
  • Adidas Growth Plan

Recommended For You

More Trending News

About ADDYY Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
ADDYY--
adidas AG