Birdwatch Note Rating
2023-08-04 08:19:22 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 5189223AF057A7C8EA1DE28914488870C6F8316ED9FB207C35EEF01A2666B43B
Participant Details
Original Note:
Yeezy Day accounted for 63.5% of adidas Q2 2023 operating profit, not 85%. “adidas generated an operating profit of $236 million during the first six months of the year. The initial sale of the Yeezy product in Q2 positively impacted adidas’ operating profit by $150 million” https://www.adidas-group.com/en/media/news-archive/press-releases/2023/adidas-reports-second-quarter-revenues-flat-versus-the-prior-yea/
All Note Details