Shares of adidas AG were losing around 2 percent in the morning trading in Germany after the sports sneaker and apparel maker on Wednesday reported a loss in its fourth quarter, compared to last year's profit, hurt by charges mainly related to the termination of the Yeezy partnership. Further, the company trimmed its dividend, and said it projects an operating loss and weak sales in fiscal 2023.
from RTT - Top Story https://ift.tt/gdQV76T
via IFTTT
from RTT - Top Story https://ift.tt/gdQV76T
via IFTTT
Comments
Post a Comment