Adidas reports Q2 revenue growth of 13.3% year-over-year but misses earnings per share expectations by €0.29.
Adidas AG posted a Q2 GAAP earnings per share of €2.10, missing estimates by €0.29. The shortfall contrasts with stronger revenue performance, which reached €6.74 billion, exceeding expectations by €160 million.
Revenue grew 13.3% year-over-year, driven by a 35% currency-neutral increase in apparel sales. The company attributed the growth to rising brand desirability and expanded market reach.
Despite the earnings miss, the revenue beat highlights ongoing momentum in key product categories.