Adidas shares plunge 17% as Q2 profit misses on World Cup spending
NVDA NVIDIA Corp
$190.24 -3.44%
차트·분석 보기 → - 1Adidas shares tumbled roughly 17% in Germany on a Q2 operating profit miss, posting their largest-ever decline.
- 2Quarterly operating profit came in at €574 million, below the €616 million estimate, while an additional €212 million in spending offset revenue growth.
- 3World Cup-related revenue exceeded expectations, but hopes for margin expansion fell short; the company raised its full-year revenue growth outlook to 9–10% and maintained its €2.3 billion operating profit target.
This 3-line summary is compiled from the report below.
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