Company Earnings UpdateAdidas (ETR: ADS) 1Q18 Result: Strong Profit Growth Beats Expectations Despite Currency Headwinds at the Top Line Coresight Research May 3, 2018 Executive Summary At constant currency, Adidas grew 1Q18 revenues by 10%. Currency effects meant this translated to just a 1.9% increase in reported revenues. The company increased its gross margin and operating margin due to the effects of better pricing and product mix. Management reiterated its guidance for FY18: the company expects to grow sales by approximately 10% excluding currency effects and to increase operating profit by 9%–13%. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: US Online Grocery Survey 2025: Full-Basket Orders Increase as Delivery Retains Its Dominance—InfographicEarnings Insights 1Q25, Week 1: Mixed Results from LVMH, Nestlé, P&G and Others Amid Heightened Tariff Concerns—InfographicUS Retail Sales Outlook: Retail Sales Projections Moderate for the Holiday QuarterWeekly US Store Openings and Closures Tracker 2026, Week 11: Dollar Tree and Ollie’s Bargain Outlet Take Total Store Openings Ahead of Closures
