Adidas 3Q Revenue Beats Estimates

The video discusses the company's Q3 earnings, which exceeded revenue estimates but showed a weaker gross margin. Despite confirming full-year forecasts, the company faces challenges from competitors like Nike and Under Armour, and a declining interest in golf. Financially, the company has scrapped its 2015 targets, with its stock down 39% year-to-date, making it the worst performer on the DAX. Management, led by Herbert Hainer, is expected to outline a new strategy soon.

What was the reported Q3 revenue for the company?

• €4.5 billion

• €3.9 billion

• €4.12 billion

• €4 billion

Which companies are increasing competition for the business in the US?

• Adidas and Puma

• Nike and Under Armour

• Reebok and New Balance

• Asics and Skechers

What phenomenon is affecting the company's performance in the sports sector?

• Rising interest in basketball

• Growing demand for soccer

• Declining interest in golf

• Increasing popularity of tennis

By what percentage has the company's stock value decreased year to date?

• 15%

• 39%

• 25%

• 50%

What is expected from the company's management in the near future?

• A reduction in workforce

• A merger with another company

• A new product launch

• A strategy outline for 2020