Professional
Added to YB: 2024-09-16
Pitch date: 2024-08-15
ADDYY [bullish]
adidas AG
-23.24%
current return
Author Info
No bio for this author
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Company Info
adidas AG, together with its subsidiaries, designs, develops, produces, and markets a range of athletic and sports lifestyle products in Europe, Greater China, Japan, South Korea, Latin America, North America, and internationally.
Market Cap
EUR 26.6B
Pitch Price
EUR 119.39
Price Target
N/A
Dividend
1.34%
EV/EBITDA
10.22
P/E
21.98
EV/Sales
1.27
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Show full summary:
BNY Mellon Global Real Return Fund New Position: adidas AG
ADDYY: Sports footwear & apparel co w/ attractive franchise stumbled due to transitory issues. New mgmt team implementing recovery strategy. Added new position.
Read full article (1 min)