adidas AG (ADS.DE) on Friday announced preliminary fourth-quarter 2025 results and plans to begin a share buyback of up to €1 billion in early February 2026.
The sportswear maker reported revenue of €6.076 billion, up from €5.965 billion a year earlier. It posted double-digit growth across all markets and channels, with currency-neutral revenues for the adidas brand rising 11%, or 10% including prior-year Yeezy sales of around €50 million.
Operating profit more than doubled to €164 million from €57 million in the prior year.
For the full year, revenue grew to €24.811 billion from €23.683 billion in the previous year.
The company said the share repurchase will be funded by anticipated strong cash flow, and the repurchased shares will be cancelled.
Full-year results are scheduled to be reported on March 4.
In Frankfurt, the shares were trading more than 5% higher at €151.95.
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