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2025-07-30 15:47:17
[Adidas: Q2 lost tens of millions of euros due to tariffs and weak sales growth in the US market] Adidas' stock price fell on Wednesday. The company revealed that it suffered tens of millions of euros in losses due to US tariffs in the second quarter and warned that current import taxes will push up the cost of its goods in the US market. Adidas said that the additional costs related to tariffs in the second half of this year may reach 200 million euros (about 231 million US dollars). The company also pointed out that if US tariffs trigger a surge in inflation, it may pose a risk to consumer demand. Adidas announced that its sales in the second quarter increased, but sales growth in the US market was the weakest.
