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April 27, 2020Adidas misses forecasts with 93% profit plunge, warns on sales
April 27, 2020Adidas expects sales to fall at least 40% in second quarter
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German sportswear firm Adidas expects to take a bigger hit from the coronavirus lockdowns in the second quarter, predicting that sales will fall more than 40% after it reported a decline of 19% in the first quarter.
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