Business

Adidas Surges Ahead with a 2% Sales Increase in Q2, Despite US Tariff Challenges

Adidas AG Reports Strong Q2 Performance

Adidas AG announced a notable 2.2% increase in net sales for the second quarter of 2025, reaching €5.95 billion compared to the same period last year. This growth underscores the brand's resilience and adaptability in a challenging global market.

Financial Highlights Show Remarkable Growth

The company's IFRS net income attributable to shareholders witnessed a dramatic 94.6% surge to €369 million, with net income from continuing operations climbing 77.3% to €375 million. Earnings per share (EPS) also saw significant growth, highlighting Adidas's strong financial health.

Operating Profit and Challenges Ahead

Operating profit increased by 57.7% to €546 million, showcasing efficient management and operational strategies. However, Adidas faces hurdles from US tariffs, which have already impacted Q2 results and are expected to add up to €200 million in costs for the remainder of the year.