adidas AG (ADDDF)
adidas AG operates in the Apparel - Footwear & Accessories industry of the Consumer Cyclical sector, headquartered in Herzogenaurach, BV, DE. The stock last traded at $191.98, up 1.66% on the session, giving a market capitalisation of $33.61B. On trailing twelve-month figures it carries a trailing P/E of 20.45, a net margin of 5.3%. Its beta of 1.22 implies it has historically moved more than the broad market.
Globally, adidas AG and its subsidiaries are dedicated to the creation, advancement, dissemination, and promotion of athletic and sports lifestyle goods. Under the prominent adidas brand, the company's offerings encompass a wide array of products, including footwear, apparel, and various accessories and equipment such as bags and balls. These items are distributed through a comprehensive network featuring approximately 2,200 company-owned retail locations, specialized franchise outlets, in-store shop-in-shops, wholesale partnerships, and its digital e-commerce platforms. Founded in 1920, the organization, previously named adidas-Salomon AG, officially transitioned to adidas AG in June 2006. Its global operations are directed from its headquarters in Herzogenaurach, Germany.
adidas AG is most often compared with the following Consumer Cyclical names: