Herzogenaurach, Germany, March 4, 2026 (AFP) - Adidas shares slump on outlook, Mideast war impact uncertain

NAMPA / AFP

2026-03-04

Adidas's shares slumped Wednesday after its 2026 outlook disappointed investors, while the German sportswear giant said any potential impact on its business from the Middle East war was still unclear. The maker of Gazelle and Samba trainers forecast operating profit would rise to 2.3 billion euros ($2.7 billion) in 2026, despite a 400-million-euro hit from US tariffs and negative exchange rate effects. The group's shares fell about eight percent......

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