Adidas Cuts Forecasts as Quarterly Profit Misses Estimates – Bloomberg

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Bloomberg

Adidas Cuts Forecasts as Quarterly Profit Misses Estimates
Bloomberg
Quarterly sales rose 6 percent in Greater China, 7 percent in other Asian markets and 21 percent in Latin America, excluding currency swings, Adidas said. Sales fell 2 percent in North America and 11 percent in western Europe. “While currency headwinds 
Adidas Cuts 2013 Sales Outlook, Sticks to Net Profit Forecast4-traders (press release)

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