Last $76.45 USD
Change Today +2.53 / 3.42%
Volume 2.0K
ADDDF On Other Exchanges
As of 5:20 PM 09/16/14 All times are local (Market data is delayed by at least 15 minutes).

adidas ag (ADDDF) Snapshot

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12/31/13 - $128.25
52 Week Low
09/12/14 - $73.55
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adidas ag (ADDDF) Details

adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products worldwide. It operates through six segments: Wholesale, Retail, TaylorMade-adidas Golf, Rockport, Reebok-CCM Hockey, and Other Centrally Managed Brands. The Wholesale segment is involved in various business activities related to the distribution of adidas and Reebok products to retail customers. The Retail segment is engaged in business activities related to the sale of adidas and Reebok products directly to consumers through its retail and e-commerce platforms. Its products include footwear, apparel, and hardware, such as bags and balls under the adidas and Reebok brands. As of December 31, 2013, this segment operated 2,740 stores, including 1,557 stores under the adidas brand; 404 stores under the Reebok brand; and 779 factory outlets. The TaylorMade-adidas Golf segment offers four brands comprising TaylorMade, which designs, develops, and distributes primarily golf clubs, balls, and accessories; adidas Golf includes foot wear, apparel, and accessories; Adams Golf that designs and distributes golf clubs and a small range of accessories; and Ashworth, which designs and distributes men’s and women’s golf-inspired apparel and footwear. The Rockport segment designs and distributes leather footwear for men and women. The Reebok-CCM Hockey segment designs, produces, and distributes ice hockey equipment, such as sticks, skates, and protection gear; and apparel primarily under the Reebok Hockey and CCM brands. The Other Centrally Managed Brands segment includes the activities of the label Y-3, and Porsche Design Sport; and Five Ten brand operating in the outdoor action sports sector. This segment also comprises the retail activities of the adidas NEO label. The company was formerly known as adidas-Salomon AG and changed its name to adidas AG in June 2006. adidas AG was founded in 1920 and is headquartered in Herzogenaurach, Germany.

45,294 Employees
Last Reported Date: 08/7/14
Founded in 1920

adidas ag (ADDDF) Top Compensated Officers

Chairman of Executive Board and Chief Executi...
Total Annual Compensation: €2.3M
Chief Financial Officer and Member of Executi...
Total Annual Compensation: €867.0K
Head of Global Operations and Member of Execu...
Total Annual Compensation: €788.0K
Chief Sales Officer of Multi-Channel Markets ...
Total Annual Compensation: €202.0K
Compensation as of Fiscal Year 2013.

adidas ag (ADDDF) Key Developments

Adidas AG Announces Group Earnings Results for the Second Quarter of 2014; Revises Earnings Guidance for the Full Year 2014

Adidas AG announced group earnings results for the second quarter of 2014. For the second quarter, the group's top-line momentum materially improved as expected. Sales increased 10% on a currency-neutral basis, driven by 14% growth at adidas and 9% growth at Reebok, while sales at TaylorMade-adidas Golf declined 18%. Currency effects continued to play a significantly negative role, impacting top-line results by over 7% points in the quarter. As a result, sales increased 2% to EUR 3.465 billion. Operating profit in the second quarter was EUR 220 million. Net income attributable to shareholders for the quarter was EUR 144 million. For the year 2014, the management now expects a mid- to high-single-digit currency-neutral sales increase (previously: high-single-digit increase) for the full year 2014 and net income attributable to shareholders to be at a level of around EUR 650 million compared to previous guidance of EUR 830 million to EUR 930 million.

Adidas AG, H1 2014 Earnings Call, Aug 07, 2014

Adidas AG, H1 2014 Earnings Call, Aug 07, 2014

Adidas Group Names Jean-Michel Granier as New Managing Director in Korea

Adidas Group appointed Jean-Michel Granier as the new management director of Adidas Korea. Granier joined the group in 2003 as a key account manager of Adidas France. He also worked as a sales director of Adidas Italy in 2004 and as a managing director of South Europe in 2012.


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Price/Sales 0.8x
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