Company Earnings UpdateAdidas (ETR: ADS) 1Q18 Result: Strong Profit Growth Beats Expectations Despite Currency Headwinds at the Top Line Coresight Research May 3, 2018 Executive Summary At constant currency, Adidas grew 1Q18 revenues by 10%. Currency effects meant this translated to just a 1.9% increase in reported revenues. The company increased its gross margin and operating margin due to the effects of better pricing and product mix. Management reiterated its guidance for FY18: the company expects to grow sales by approximately 10% excluding currency effects and to increase operating profit by 9%–13%. 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: 2026 Sector Outlook: US Retail—Steady Retail Expansion in a More Stable Economic EnvironmentUS Store Tracker Extra, February 2025: Bankruptcies Push Total Closed Retail Space Toward 85 Million Square Feet2026 Sector Outlook: US Grocery Retailing—Volume Growth To Remain Constrained amid Cautious Consumer SpendingUS Holiday 2025: Early Outlook—Improving Signals, But Will It Last?
