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    1. Home
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    3. >Adidas sees $140 million hit on operating profit from US tariffs
    Headlines

    Adidas Sees $140 Million Hit on Operating Profit From US Tariffs

    Published by Global Banking & Finance Review®

    Posted on October 29, 2025

    1 min read

    Last updated: January 21, 2026

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    Tags:retail tradeimport and exportconsumer perception

    Quick Summary

    Adidas predicts a $140 million loss in operating profit by 2025 due to US tariffs, with the biggest impact in Q4. Price hikes in the US aim to offset this.

    Adidas Anticipates $140 Million Operating Profit Loss from US Tariffs

    Impact of US Tariffs on Adidas

    (Reuters) -Adidas expects U.S. import tariffs to have a direct impact of 120 million euros ($140 million) on its operating profit in 2025, with the largest hit coming in the fourth quarter, its CEO said on Wednesday.

    CEO's Insights on Consumer Reaction

    "The indirect impact of the tariffs, we don't know. We do not know how the consumer will react in the U.S. when these higher prices come to effect," CEO Bjorn Gulden said during a media call.

    Price Adjustments in the US Market

    Adidas has increased prices in the United States to offset the impact of tariffs.

    Projected Financial Outcomes

    ($1 = 0.8575 euros)

    Quarterly Financial Impact

    (Reporting by Linda Pasquini in Gdansk and Helen Reid in London, editing by Milla Nissi-Prussak)

    Table of Contents

    • Impact of US Tariffs on Adidas
    • CEO's Insights on Consumer Reaction
    • Price Adjustments in the US Market
    • Projected Financial Outcomes
    • Quarterly Financial Impact

    Key Takeaways

    • •Adidas expects a $140 million impact on operating profit due to US tariffs.
    • •The largest financial hit is anticipated in the fourth quarter of 2025.
    • •CEO Bjorn Gulden expresses uncertainty about consumer reactions.
    • •Adidas has raised prices in the US to counter tariff effects.
    • •The financial impact is projected with a currency exchange rate of $1 = 0.8575 euros.

    Frequently Asked Questions about Adidas sees $140 million hit on operating profit from US tariffs

    1What is operating profit?

    Operating profit is the profit a company makes from its core business operations, excluding any income derived from non-operational activities, such as investments or sales of assets.

    2What is consumer perception?

    Consumer perception refers to the way consumers view and interpret a brand, product, or service based on their experiences, beliefs, and marketing influences. It plays a crucial role in purchasing decisions.

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