Adidas is a globally recognized name in the sneaker and sportswear industry, with a wide variety of products available for consumers around the world. But is Adidas a public company? In this article, we will take a closer look at Adidas and its financial structure to find out if it is indeed a public company. We’ll discuss the company’s history, its current financial status, and what it means for investors. Read on to learn if Adidas is a public company and what that means for its future.
Is Adidas A Publicly Traded Company?
Adidas is a German-based multinational company that specializes in the design and manufacture of footwear, apparel, and accessories. The company is one of the world’s leading producers of sportswear, and it is one of the most recognizable brands in the world. Adidas is a publicly traded company, listed on the Frankfurt Stock Exchange under the symbol ADS. The company has a market capitalization of over $35 billion.
History Of Adidas
Adidas was founded in Herzogenaurach, Germany in 1949 by Adolf “Adi” Dassler. The company was initially called Gebrüder Dassler Schuhfabrik, or the Dassler Brothers Shoe Factory. Adi and his brother Rudolf split the company into two separate entities in 1948: Adidas, which was Adi’s company, and Puma, which was Rudolf’s. Over the years, Adidas has grown to become one of the most successful and well-known companies in the world.
Adidas Products
Adidas is best known for its footwear, apparel, and accessories. The company produces a wide range of products, including sports shoes, clothing, bags, eyewear, watches, and more. Adidas also produces a line of lifestyle products, such as sports bags, hats, and backpacks. The company has partnerships with various sports teams and athletes, which helps promote their products.
Adidas Financial Performance
Adidas has seen strong financial performance over the years. In 2019, the company reported a total revenue of €21.2 billion, up from €19.3 billion the year before. The company’s net income for the year was €1.7 billion, up from €1.4 billion in 2018. Adidas has seen strong growth in its e-commerce sales, with digital sales representing nearly 30% of total sales in 2019.
Adidas Stock Performance
Adidas stock has performed well in recent years, with the share price increasing steadily since 2017. The stock has risen from €90 in early 2017 to €211 in early 2021. This represents a return of over 133% over the last four years. The company’s stock is widely held by institutional investors, with BlackRock and The Vanguard Group being the largest shareholders.
Adidas in the Future
Adidas has ambitious plans for the future. The company has set a goal of achieving €25 billion in sales by 2020, and it is well on its way to achieving this goal. Adidas also plans to invest heavily in digital initiatives, including expanding its e-commerce platform and developing new technologies to improve the customer experience. The company’s focus on innovation and technology should help it remain competitive in the years to come.
Few Frequently Asked Questions
Q1: Is Adidas a Public Company?
A1: Yes, Adidas is a public company. It is listed on the Frankfurt Stock Exchange in Germany, and its shares are traded on the Xetra electronic trading system. Adidas is a publicly traded company and is one of the world’s largest apparel companies, with a reported revenue of $25.9 billion in 2020.
Q2: What is the Ticker Symbol for Adidas?
A2: The ticker symbol for Adidas is ADS. It is traded on the Frankfurt Stock Exchange and is part of the DAX30 index, an index of the 30 largest German companies trading on the exchange.
Q3: Who are the Major Shareholders of Adidas?
A3: The major shareholders of Adidas are the families of former CEOs, Herbert and Horst Hainer. They control a combined stake of 24%, while the founding family, the Dasslers, have a combined stake of 7%. Other major shareholders include BlackRock, Vanguard Group, and Norges Bank Investment Management.
Q4: What is the Market Capitalization of Adidas?
A4: As of October 2020, the market capitalization of Adidas is approximately $68 billion USD. This makes it the 18th most valuable company in Germany and the 67th most valuable company in the world.
Q5: What is the Current Stock Price of Adidas?
A5: As of October 2020, the current stock price of Adidas is €209.90 per share. This is down from a 52-week high of €284.00 but up from a 52-week low of €154.00.
Q6: How does Adidas Make Money?
A6: Adidas makes money by selling a range of apparel, footwear, and accessories, primarily through its own retail stores and website as well as through third-party retailers. It also earns royalties from licensing its name and logo to other companies for the use in their products. Adidas also receives income from its sponsorship of major sports teams and athletes.
ADIDAS Are Selling The Company and Are Regretting More Why they Let KANYE Go.
Adidas is a multinational corporation that is publicly traded on the Frankfurt Stock Exchange. This makes it a public company, and it has the potential to provide investors with a lucrative return on their investment. Adidas has a strong presence in both the athletic and fashion industries, and its iconic brand stands out from the competition. With its long history of success, Adidas is sure to remain a public company for many years to come.
