Adidas holds firm on guidance but warns of US tariff ‘uncertainties’

Adidas-label-on-jacket

Sportswear giant Adidas has held firm on its guidance following a “strong” first quarter but warned of eventual price hikes and ongoing “uncertainty” within the market as a result of US tariffs and “macroeconomic risks”.

Adidas reported a €700m (£595.5m) increase in revenue during the first quarter of the year, up from €5.46bn (£4.64bn) in 2024 to reach €6.15bn (£5.23bn).

 

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