Adidas Sticks To Its World Cup Sales Guidance Despite Germany's Exit: Report


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


  • Adidas AG (OTC:ADDYY) said it is persistent with its aim to make €400 million ($420.92 million) sales in the 2022 football world cup.
  • The sportswear maker, Reuters reported, reiterated its stand despite Germany’s ouster from the tournament.
  • The four-time champions crashed out of the contest in spite of a 4-2 win against Costa Rica in their last Group E match on Thursday.
  • It is to be seen whether the exit of Adidas’ home team will impact the demand of its goods during the remainder of the competition.
  • Adidas recently slashed its FY22 revenue outlook to a low-single-digit growth from mid-single-digit growth.
  • The termination of its partnership with American rapper, Kanye West is said to cost the company €250 million on its FY22 net income.
  • Price Action: ADDYY shares closed higher by 1.94% at $65.76 on Thursday.
  • Photo Via Company

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsMediaGeneralBriefsEurasia