Adidas shares climb after earnings powered by Yeezy inventory sales
Shoes are offered for sale at an Adidas store in Chicago, Feb. 10, 2023. Scott Olson | Getty Images Adidas on Tuesday hiked its full-year guidance and posted stronger-than-expected third-quarter earnings, aided by sales of its Yeezy inventory. The German sportswear giant, in surprise preliminary estimates release, projected a full-year operating loss of 100 million … Read more