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Adidas Raises 2026 Profit Forecast After $224.3M Tariff Refunds

By Drooid · Oct 20, 2026, 10:11 PM UTC · How we work

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Story summary

Adidas lifted its 2026 operating profit forecast after receiving $224.3 million in U.S. tariff refunds.
The company now expects full-year 2026 operating profit of $2.8 billion, up from $2.6 billion.
Third-quarter revenue reached €7.25 billion ($8.14 billion), a 9 % year-over-year increase.
Operating profit rose 37 % to $1.16 billion, the highest quarterly level on record.
Adidas plans a €100 million Q4 investment to boost operating leverage.

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Story summary

Adidas lifted its 2026 operating profit forecast after receiving $224.3 million in U.S. tariff refunds.
The company now expects full-year 2026 operating profit of $2.8 billion, up from $2.6 billion.
Third-quarter revenue reached €7.25 billion ($8.14 billion), a 9 % year-over-year increase.
Operating profit rose 37 % to $1.16 billion, the highest quarterly level on record.
Adidas plans a €100 million Q4 investment to boost operating leverage.