Professional
Added to YB: 2024-09-16
Pitch date: 2024-08-15
ADDYY [bullish]
adidas AG
-17.73%
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 athletic and sports lifestyle products in Europe, North America, Greater China, Latin America, Japan, and South Korea.
Market Cap
EUR 33.8B
Pitch Price
EUR 119.39
Price Target
N/A
Dividend
1.06%
EV/EBITDA
12.91
P/E
28.44
EV/Sales
1.56
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)