adidas AG (ADDYY)
adidas AG operates in the Apparel - Footwear & Accessories industry of the Consumer Cyclical sector, headquartered in Herzogenaurach, BV, DE. The stock last traded at $91.05, down 1.01% on the session, giving a market capitalisation of $31.88B. On trailing twelve-month figures it carries a trailing P/E of 20.33, a net margin of 5.3%. Its beta of 1.19 implies it has historically moved more than the broad market.
adidas AG, along with its affiliated businesses, operates internationally in the conceptualization, creation, distribution, and promotion of athletic and sports-inspired lifestyle merchandise. Its diverse product line, exclusively under the well-known adidas brand, features footwear, apparel, and various accessories like bags and balls. The company markets its offerings through multiple channels: around 2,200 company-owned retail outlets, dedicated mono-branded franchise stores, in-store concessions, wholesale arrangements, and its online sales platform. Established in 1920, the firm was previously known as adidas-Salomon AG until it officially changed its name to adidas AG in June 2006. Its central corporate offices are located in Herzogenaurach, Germany.
adidas AG is most often compared with the following Consumer Cyclical names: