Adidas reports strong Q3 results with 8% sales growth, 51.8% gross margin, and 11.1% operating margin. Raises 2025 profit guidance to EUR 2 billion. Outperforms estimates on margins due to price increases, strong sales, and cost control. Analysts raise fair value estimate to EUR 183/USD 107. Full results expected on Oct. 29.

Read more at Morningstar: Outpacing Many Competitors With Solid Profitability