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The Fly

Adidas reports preliminary Q3 sales up 7% to EUR 6.44B, consensus EUR 6.45B

Adidas reports preliminary Q3 sales up 7% to EUR 6.44B, consensus EUR 6.45B

Excluding Yeezy sales in both years, currency-neutral revenues increased 14% during the quarter. The company’s gross margin increased 2.0 percentage points to 51.3% in Q3.

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