- Q3 revenue €7.25B vs est €7.15B
- EPS €4.06 vs est €2.82, includes ~€200M tariff refund
Adidas Q3 revenue €7.25B vs est €7.15B, EPS €4.06 vs €2.82 (incl tariff refund). Operating profit €1.01B vs est €742M. FY26 operating profit guide raised to ~€2.5B. Tariff refund of ~€200M recorded in Q3. Europe sales -4%, North America +12%, Greater China +13%. Apparel +19%, footwear flat. DTC +17%.
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