Adidas Q3 Net Profit Drops 8.1%


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Adidas AG (OTC: 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