Earnings1:22 PM ET

Adidas lifts profit view after US tariff refunds, record quarterly performance

By BORSA NewsroomPublished Oct 20, 2026, 1:22 PM EDTUpdated Oct 20, 2026, 1:24 PM EDT

Adidas raised its FY operating profit forecast to €2.5B after receiving ~€200M in US tariff refunds and posting record Q3 revenue of €7.25B (+9%) and operating profit of €1.01B (+37%). Growth was led by soccer, running and training. Full Q3 report due Oct. 29.

Sentimentbullish 85

Strongly bullish · 85 of 100

Impact75

medium · sector-wide

Confidence90%

high confidence · single wire

Eventdeveloping

v1 · alerted to followers

WHAT WE KNOW

Received ~€200M in US tariff refunds in Q3
Q3 revenue €7.25B, record, +9% YoY