Adidas Faces Loss, Eyes Rebound in Revenue Growth by 2024

Adidas Faces Loss, Eyes Rebound in Revenue Growth by 2024

In 2023, Adidas experienced stagnant currency-neutral revenues compared to the previous year, while in terms of euros, revenues decreased by 5% to €21.4 billion. The annual net loss from continuing operations amounted to €58 million, contrasting with a net income of €254 million in 2022. Both basic and diluted earnings per share (EPS) from continuing […]

The article Adidas Faces Loss, Eyes Rebound in Revenue Growth by 2024 appeared first on World Branding Forum.

Leave a Reply

Ajay Pandey