Recap: adidas Q2 Earnings

adidas ADDYY reported its Q2 earnings results on Thursday, August 4, 2022.

Here's what investors need to know about the announcement.

Earnings

adidas missed estimated earnings by 18.03%, reporting an EPS of $1.0 versus an estimate of $1.22.

Revenue was down $152.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.12 which was followed by a 3.82% drop in the share price the next day.

To track all earnings releases for adidas visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.