Birdwatch Note Rating
2023-08-03 22:24:11 UTC - HELPFUL
Rated by Participant: ECD51236C76F3A94D868333ADD92EAB84555434D2A72D9903E1AC3C384FAE98E
Participant Details
Original Note:
The 85% figure is correct as it relates to Q2 profits only. Adidas had a profit of €176 million in Q2. Yeezy Day accounted for €150 million of that = 85.2%. The 63.5% in the proposed note above is for the first six months — not Q2. 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