Adidas: If tariffs stay, ‘of course there will be price increases’

Although tariffs will be disruptive to Adidas should they stay in place, Gulden reminded analysts on Tuesday that 80% of the retailer’s business is unaffected by them. The retailer confirmed its guidance, which calls for sales to increase at a high-single-digit rate and for operating profit to land between 1.7 billion and 1.8 billion...