Market Overview

Adidas Lowers 2013 Outlook

Share:
Related ADDYY
Industry Expert Discusses The Future Of 3D Printing: Consumer Products And Energy Efficiency
The Hottest Shoe Stock May Surprise You

Adidas AG (OTC: ADDYY) cut its full-year forecast.

Adidas now expects 2013 net profit of 820 million euros ($1.11 billion) to EUR850 million, versus its previous outlook of EUR890 million to EUR920 million.

Adidas shares closed at $52.95 yesterday.

Posted-In: profitNews Guidance

 

Related Articles (ADDYY)

View Comments and Join the Discussion!