Adidas Reports $7.03B Revenue Beat, EPS $0.24, Shares Fall 8%
Adidas reported Q1 EPS of $0.24, missing estimates by $0.02 while revenue reached $7.03 billion versus forecasts of $6.08 billion. The company forecast 2026 operating profit of €2.3 billion despite a €400 million tariff and currency headwind, triggering an 8% share decline.
1. Quarterly Results
Adidas reported first-quarter EPS of $0.24 against an estimated $0.26 and delivered $7.03 billion in revenue, outperforming the $6.08 billion consensus.
2. 2026 Profit Guidance
The company projects 2026 operating profit of €2.3 billion, incorporating a €400 million negative impact from U.S. tariffs and adverse currency movements.
3. Market Reaction
Shares declined 8% in early trading as investors reacted to the EPS miss and the cautious full-year profit outlook.
4. Financial Metrics
Key valuation metrics include a P/E of 21.79, price-to-sales of 1.07, EV/S of 1.25, earnings yield of 4.59%, debt-to-equity of 0.95, and a current ratio of 1.31.