Adidas reported an 11 per cent rise in Q2 FY24 currency-neutral revenues, with euro terms reaching €5.822 billion (~$6.39 billion).
Excluding Yeezy sales, revenues surged 16 per cent.
The gross margin was 50.8 per cent, slightly down from 50.9 per cent in FY23.
Operating profit rose to €346 million.
Adidas projects €1 billion in operating profit in FY24.Adidas reported an 11 per cent rise in Q2 FY24 currency-neutral revenues, with euro terms reaching €5.822 billion (~$6.39 billion).
Excluding Yeezy sales, revenues surged 16 per cent.
The gross margin was 50.8 per cent, slightly down from 50.9 per cent in FY23.
Operating profit rose to €346 million.
Adidas projects €1 billion in operating profit in FY24.
