Adidas warns tariffs will lead to higher costs on its U.S. products
Publishing timestamp: 2025-04-29 09:50:21
Summary
Adidas warns that Trump's tariffs will lead to cost hikes for all its U.S. products, impacting prices and consumer demand. Despite strong first-quarter profits, the company is unable to raise its full-year outlook due to uncertainty surrounding tariffs. Analysts remain positive about Adidas' performance so far this year.
Sentiment: MIXED
Tickers: ADS-DE,
Keywords: u.s. economy, breaking news: economy, economy, earnings, business news, adidas ag,