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Adidas raises earnings guidance after strong first quarter
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Adidas raises earnings guidance after strong first quarter

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© Reuters. FILE PHOTO: An Adidas shoe is seen in a store at the Woodbury Common Premium Outlets in Central Valley, New York, U.S., February 15, 2022. REUTERS/Andrew Kelly/File Photo

In an unscheduled announcement, the company said it now expects full-year operating profit of about 700 million euros ($743.96 million), up from 500 million euros predicted previously.

($1 = 0.9409 euros)

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