What’s Behind Adidas’s Profit Growth?
Adidas AG, the German sport-shoe maker, forecast up to 12 percent increases in sales and earnings this year as consumers spend more ahead of the Euro 2016 soccer tournament. Net income from continuing operations will rise at least 10 percent excluding goodwill impairment, Adidas said in a statement Thursday. Bloomberg’s Andrea Felsted takes a closer look at the company with Principal Global Investors CEO Jim McCaughan. They joined Manus Cranny and Anna Edwards on “Countdown.”
Most Recent Videos
Yruma Says Compelling Physical Retail Will Succeed
44:50 - Edward Yruma, equity research analyst at KeyBanc Capital, discusses earnings season and the outlook for the retail sector. He speaks with Bloomberg's Vonnie Quinn and Nejra Cehic on "Bloomberg Markets." (Source: Bloomberg)