Company Earnings UpdateAdidas (DB: ADS) 2Q19 Results: Double-Digit Revenue Growth in E-Commerce and in China Coresight Research August 9, 2019 Executive Summary Adidas reported 4% currency-neutral 2Q19 revenue growth driven by high-single-digit growth in its sport inspired business. Revenues rose 5% to €5.51 billion. Asia Pacific sales grew 8% on a currency-neutral basis, driven by the strong 14% pace set in greater China. The company reconfirmed FY19 guidance: Sales growth of 5-8% on a currency-neutral basis and net income from continuing operations of €1.88-1.95 billion. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: US Department Stores—Real Estate Insights: The Strategic Real Estate Reset from Flagships to FootprintEarnings Insights 1Q25, Week 4: Alibaba, Walmart and Others Report Sales Growth While Under Armour Reports Sales Decline—InfographicUS Grocery Retailing—Real Estate Insights: Value and Specialty Grocers Drive Polarized ExpansionRetail Shrink and ORC: Cargo Theft Hits Record Levels in the US, Retail Crime Costs Soar in the UK
