Collaborations with celebrities such

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As Kanye West (Yeezy line) and Pharrell Williams highlight their dedication to blending sportswear with contemporary style. Adidas vs Nike: Financial Snapshot The financial health of Adidas (Adidas Group) and Nike showcases a stark contrast between the two leading athletic brands. Below is a comparative table highlighting key financial metrics for both companies, providing a quick overview of their performance. Comparison Item Adidas (2023) Nike (2024) Annual Revenue $23.


190 Billion $51.362 Billion Net Income -$81 Million $5.7 Billion Market bahamas whatsapp fan Capitalization $43.54 Billion $129.240 Billion Operating Income $289 Million $6.311 Billion Gross Profit Margin 47.52% 44.56% Financial Overview Revenue: Nike reported an annual revenue of $51.362 billion for the fiscal year ending May 31, 2024, representing a modest increase of 0.28% compared to the previous year. In contrast, Adidas generated $23.


190 billion in revenue in 2023, marking a decline from the $23.718 billion reported in 2022. This emphasizes Nike’s robust revenue growth, although modest year-over-year, against Adidas’s ongoing challenges in sales. Net Income: Nike witnessed significant growth in net income, achieving $5.700 billion in 2024, a commendable increase of 12.43% from $5.07 billion in 2023. However, Adidas recorded a net loss of $81 million in 2023, in stark contrast to a profit of $645 million in 2022.