Company Earnings Update 3 minutesRegister for Free AccessAdidas (DB: ADS) 4Q18 Results: Supply Chain Shortages Reduce Near-Term Sales Outlook Coresight Research March 14, 2019 Executive Summary In 4Q18, Adidas net sales increased 3.5% to €5.2 billion, or 5% on a currency-neutral basis, driven by double-digit gains in Asia Pacific and Greater China. The operating margin contracted 10 bps, reflecting modest gross margin expansion offset by higher marketing and overhead expenditures. For 2019, the company expects net sales to grow 5-8% on a currency neutral basis, and operating margins to expand 50-70 bps. Net income is projected to grow 10-14% to €1.88-1.95 billion. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Innovator Matrix: Workforce ManagementFive Retail Opportunities Amid Economic UncertaintyIndia Retail Insights: Key Takeaways for Retail from Union Budget 2023China Consumer Tracker: Avoidance Falls Across the Board