|Bid||165.28 x 37900|
|Ask||165.46 x 75600|
|Day's range||165.00 - 168.20|
|52-week range||153.52 - 310.70|
|Beta (5Y monthly)||0.87|
|PE ratio (TTM)||25.79|
|Earnings date||09 Nov 2022|
|Forward dividend & yield||3.30 (1.95%)|
|Ex-dividend date||13 May 2022|
|1y target est||205.91|
Any longer-term collapse of China as a growth market could undermine Adidas sales and profit targets up to 2025, the sports goods company told Handelsblatt business daily on Tuesday. "If the original assumptions change permanently, we would also have to adjust our targets," Chief Executive Kasper Rorsted told Handelsblatt business daily. However, he does not believe that China would ultimately turn away from Western brands.
Yahoo Finance's Brian Sozzi breaks down why Adidas stock is moving lower today.