adidas EPS – 96% drop from 3.17 to 0.13

by

by finca3eo

Key Points:

  1. Quarter revenue drops 19%
  2. Net Income declines 97% to 20Mil
  3. Operating margin down 1.4%
  4. 2020 Outlook: Negative Operating Profit and 40% decline in sales.
  5. Adidas maintains 1.975B on its balance sheet

Stock rallied 4%