Adidas Lifts 2026 Operating Profit Outlook After Record Third Quarter
Adidas reported third-quarter revenue up 9% to 7.252 billion euros and record operating profit, and now expects higher full-year 2026 operating profit.
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what happened
Adidas released preliminary third-quarter results, according to TradingView citing RTTNews. Revenue rose 9% year on year to 7.252 billion euros, or 7% in currency-neutral terms. The gross margin improved by 2.5 percentage points to 54.3%.
Operating profit in the quarter climbed 37% to 1.008 billion euros, the highest quarterly level on record. The company raised its operating profit outlook for fiscal 2026 to around 2.5 billion euros from around 2.3 billion euros previously. That figure is set against a tariff refund of about 200 million euros, while roughly 100 million euros will be reinvested in the fourth quarter.
why it matters
For markets, this is a strong report from a major European apparel company: record margins and a higher forecast suggest demand and cost control are holding up. Adidas shares and the DAX could draw support, and the tariff refund matters for import-reliant peers.
market impact
Adidas and sportswear sector: record margins and a higher forecast support the company's shares
tags
instruments
sources
- Adidas Q3 Operating Profit, Revenues Rise; Lifts FY26 Profit Outlook — TradingView, 21 October 2026 at 04:49 UTC
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