Adidas Q3 Net Profit Drops 8.1%

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Adidas AG
ADDYY
posted an 8.1% drop in its third-quarter net profit. Adidas posted its quarterly net profit at 316 million euros ($427 million). Its sales fell 7% to EUR3.88 billion. Adidas shares gained 0.30% to close at $56.50 yesterday.
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Posted In: EarningsNewsprofit
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