German sportswear giant Adidas AG announced on Wednesday that its namesake brand achieved an 8% year-over-year sales increase in North America during the third quarter, marking the slowest growth rate among all regions when excluding currency fluctuations.
The company has raised prices in the United States to offset the impact of tariffs.
Adidas AG released preliminary results last week and raised its annual profit forecast, stating it had successfully mitigated some additional costs caused by U.S. tariff increases.
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