Company Earnings UpdateAdidas (DB: ADS) 1Q19 Results: Double-Digit Growth in Asia Pacific and 16% in China Drive Operating Margin Expansion Coresight Research May 7, 2019 Executive Summary Adidas reported 4% currency-neutral 1Q19 revenue growth driven by 5.3% growth in the Adidas brand. As reported, revenues rose 6.1% to €5.88 billion. Asia Pacific sales grew 12% on a currency-neutral basis, driven by the strong 16% pace set in greater China. Emerging markets and Russia/CIS also achieved double-digit currency neutral growth, 10% and 22%, respectively. Despite the expectation of continued supply chain constraints through Q4, management reiterated FY19 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: Consumer Sentiment Shows Signs of Improvement Amid Temporary Tariff Reduction: China Consumer Survey InsightsThree Data Points We’re Watching This Week, Week 11: US CPG E-Commerce LatestThree Data Points We’re Watching This Week, Week 34: US Retail Sales OutlookWeekly US and UK Store Openings and Closures Tracker 2025, Week 2: Barnes & Noble CEO Announces Store Expansion Plan
