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    Adidas slips after modest guidance hike misses expectations

    Picture of adidas AG logoadidas AG
    30/07/2026 07:41
    BUZZ-Adidas slips after modest guidance hike misses expectations
    ** Shares in German sportswear maker Adidas ADSGn.DE drop 9% in early Frankfurt trade after its guidance upgrade fell short of investor expectations, a local trader says
    ** The guidance hike was limited and not enough to meet market expectations, a local trader adds
    ** The company now expects full-year revenue growth of 9% to 10%
    ** Shares in its peer Puma PUMG.DE are down 3% in early Frankfurt trade


     (Reporting by Anastasiia Kozlova and Anika Ross)
     ((Anastasiia.Kozlova@thomsonreuters.com))

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