Morgan Stanley: Yeezy is 40% of Adidas Profits

[Rekkapryde]

AOL was the 90s man

Yall don't know bout dat Netscape Navigator

 

[humminbird]

Adidas being on the German stock exchange is irrelevant to anything we are discussing.

%'s is a world wide recognized math definition. Being down 75% is the same in Germany as it is in America as it is in China or Ukraine.

I'm just responding to the post you got mad about me about
but a lot of this has to do with their CEO stepping down soon too
the company is just going through a major brand shift right now

 

[Bubba T]

I guess expenditure doesn’t exist in your dictionary.

What does this even mean? Gross profit = revenue - cost of sales. If Yeezy was actually 40% of Adidas’ gross profit while only being 8% of revenues, that means the margins of Yeezy would have to be absurd, like well over 100% (you cant have margins over 100% by the way).

Adidas gross profit in 2021 was $10.7 billion while net sales were 21.2 billion. If I were to expend the logic the article is implying, 40% of 10.7 billion is 4.28 billion, which is nowhere close to 1.8 billion this analyst is estimating. So how the hell can Yeezys be 40% of profits when it was already stated that estimated sales could be 1.8 billion?

Some simple math pokes holes in that sentence in the OP. Some of you guys have to think a little more critically.

 

[CrimsonTider]

...that you can still buy on American stock apps like Robinhood... move along man, I dont think you've bought a stock a day in your life.

You can open your Robinhood, right now, and buy Adidas, from your American IP address and American home as we are discussing this. Its a globally traded company.

Do you think people only in Germany can buy adidas stock or something? I am confused on what point you are failing to make here.

You can buy crypto as well that doesn’t is right to compare it to a US stock

 

[Bubba T]

doesnt a public company own Adidas?
pretty easy to pull up the info if you disagree

its a fact Adidas was headed in the wrong direction before Kanye

Adidas is a publicly traded company.

Check my post above.

 

[Kuro]

If kanye wasnt a fukk nigguh making ugly shyt he could make more money selling only to black people. 10 million black people spending $400 a year on yeezy would be more than double what he brought in with adidas.

 

[Low End Derrick]

People in here willfully being obtuse.

How do you downplay 40% company profit margin?

Because we hate Kanye!!!!!!!ii!! He's CANCELLED !!!!iiii!!!!

 

[waltthizzney]

Cancel Ye but support ethnic genocide and slave labour in China brahs

 

[kevm3]

Another corporation that throws a negro in the trash after using them up for profit

 

[Son Goku]

Another corporation that throws a negro in the trash after using them up for profit

Nah, Ye did that all to himself.

Coli niqqas are mad he's getting canceled but would be mad if a cac was talking greasy about brehs and didn't get chopped.

 

[Mr Hate Coffee]

adidas has big deals with many top soccer clubs around the world making a killing swelling kits

That doesn’t mean those ventures are profitable. Definitely not as much as Yeezy.

I wonder how shareholders will ultimately feel about Adidas taking this moral stance

 

[13473]

Isn't everyone's?

most are down, but not that much. maybe 20-30%

 

[bright black]

Looks like Adidas stock went up 25% today.

 

[Big Boss]

8% of revenue...but 40% of profits....



if kanye could have just set up production infrastructure...

his shoes alone would make his footwear division half the size of adidas...

add his clothing brand to it... and Yeezy would've been a beast.. holy shyt

Facts

 

[CopiousX]