The company returned to operating profit, registering €57m in Q4 FY24 against an operating loss of €377m a year previously.

Adidas AG (OTCQX:ADDYY) (ADDF) rose again on Wednesday as the investors and analysts latched on to the better-than-anticipated preliminary Q4 earnings report. The German athletic apparel company said ...

Shares in Adidas climbed after the company beat its own profit expectations amid fierce competition in the sector and as its biggest rival, Nike, continues to pursue a brand revamp strategy.