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EXEC: Adidas Posts Strong Q3 Results on Back of Strong DTC, Solid Wholesale; North America Lags

October 29, 2025

Adidas CEO Bjørn Gulden announced the company achieved its highest quarterly volume to date in the 2025 third quarter. Revenues grew 12 percent year-over-year to €6.63 billion, with gains across all categories and regions. “The environment is volatile with the tariff increases in the U.S. and a lot of uncertainty among both retailers and consumers around the world, but our teams work hard…”  SGB MEDIA