Adidas shares leap on results but CEO warns of bumpy year
By Helen Reid LONDON (Reuters) -Adidas shares jumped on Friday after better-than-expected first-quarter results, although CEO Bjorn Gulden forecast “a bumpy year with disappointing numbers”. The German sportswear giant is forecasting a loss this year after ending its Yeezy partnership with rapper Kanye West, who changed his name to Ye in 2021. But on Friday, Adidas reported quarterly operating profit of 60 million euros ($66 million), beating analyst expectations of […]