STOCK TITAN

Adidas Ag - ADDYY STOCK NEWS

Welcome to our dedicated page for Adidas news (Ticker: ADDYY), a resource for investors and traders seeking the latest updates and insights on Adidas stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Adidas's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Adidas's position in the market.

Rhea-AI Summary

adidas and Foot Locker have announced an enhanced partnership aimed at significantly boosting retail sales in the basketball category. The partnership expects to generate over $2 billion in retail sales by 2025, nearly tripling from 2021 levels, with adidas projecting up to €100 million in incremental revenues for 2022. Foot Locker will lead adidas' basketball offerings and enhance the consumer experience through exclusive product positions and a focus on key franchises. The partnership also aims to increase digital engagement and streamline consumer journeys.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.82%
Tags
partnership

FAQ

What is the current stock price of Adidas (ADDYY)?

The current stock price of Adidas (ADDYY) is $127.59 as of February 28, 2025.

What is the market cap of Adidas (ADDYY)?

The market cap of Adidas (ADDYY) is approximately 39.6B.
Adidas Ag

NYSE:ADDYY

ADDYY Rankings

ADDYY Stock Data

39.64B
383.19M
0.1%
Footwear & Accessories
Consumer Cyclical
Link
Germany
Herzogenaurach