Company Earnings Update(ETR: ADS) 1Q18 Results: Strong Profit Growth Beats Expectations Despite Currency Headwinds at the Top Line Coresight Research December 7, 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: How Will Tariffs Impact China’s Singles’ Day 2025? Six Months To Go—What Brands and Retailers Need to KnowTaking the Temperature on Tariffs Ahead of August 1: How Are Different Consumer Groups Reacting? US Consumer Survey Insights ExtraWeekly US and UK Store Openings and Closures Tracker 2025, Week 11: US Store Openings Gain Momentum—Updates from BJ’s, Dick’s, Macy’s and More6.18 Shopping Festival Helps Lift Consumer Sentiment After Recent Lows: China Consumer Survey Insights
