Adidas appoints Birgit Kretschmer as new CFO
She will succeed Harm Ohlmeyer at the end of 2026, bringing over 30 years of finance experience.
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Global sportswear and equipment company
adidas-group.comLast updated
In short: Adidas reported record Q2 2026 sales of €6.7 billion, driven by strong demand from the FIFA World Cup and direct-to-consumer growth.
She will succeed Harm Ohlmeyer at the end of 2026, bringing over 30 years of finance experience.
Revenue reached €6.7 billion, driven by strong DTC growth and World Cup campaigns.
The company expects event-related sales of €1.5 billion and sold 4x more jerseys and 2x more match balls than the prior tournament.
The company will repurchase up to €500 million by September 2026.
Adidas stock collapsed after World Cup costs spiraled and cut profits. Now the historical competitor shows a loss that was smaller than analysts had predicted.
Jul 30, 2026 / 01:00PM GMTOperator Ladies and gentlemen, welcome to the Adidas AG26 conference call and live webcast. I am Moira, the current call...
The sportswear giant also reported Thursday that its Q2 operating profit rose 5% despite higher marketing spend on the World Cup.
(ETR:ADS) reported record quarterly sales in the second quarter of 2026, citing strong demand through its direct-to-consumer channels, World Cup-related apparel sales and continued momentum...
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