first quarter 2021 financial results

HERZOGENAURACH, Germany: Sportswear maker adidas AG has reported that its first-quarter net income attributable to shareholders surged to €558 million from last year's €31 million.

Further, the company upgraded fiscal 2021 outlook. Sales are now expected to grow at a high-teens rate in 2021 given the healthy brand momentum and stronger-than expected demand for the brand's products. The company previously expected sales to grow at a mid- to high-teens rate.

Apr 23, 2021 19:04
LOS ANGELES: SKECHERS U.S.A., Inc., a global footwear leader, has announced financial results for the first quarter ended March 31, 2021.