Sportswear maker adidas AG (ADDYY.PK) reported that its third quarter preliminary operating profit increased to 598 million euros from 409 million euros in the prior year. The latest-quarter result included a contribution of around 50 million euros from the sale of parts of the remaining Yeezy inventory.
Quarterly currency-neutral revenues increased 10% from the prior year. In euro, terms, the company's revenues grew about 7% to 6.438 billion euros from last year's 5.999 billion euros. Excluding Yeezy sales in both years, currency-neutral revenues increased 14% during the quarter.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.