Adidas: Q2 suffers losses of tens of millions of euros due to tariffs, weak sales growth in the US market.

Adidas' stock price fell on Wednesday, with the company revealing that it suffered millions of euros in losses in the second quarter due to US tariffs, and warning that current import taxes will increase the cost of its goods in the US market. Adidas said that additional costs related to tariffs in the second half of this year could reach 200 million euros. The company also pointed out that if US tariffs lead to soaring inflation, it could pose a risk to consumer demand. Adidas reported a slight increase in sales in the second quarter, but sales growth in the US market was particularly weak.