German sportswear group adidas has raised its 2026 operating profit forecast after reporting preliminary figures that show record revenue and operating profit for the third quarter.

Net sales increased by 9% year on year to €7.25 billion, while operating profit rose by 37% to €1.01 billion. Gross margin improved by 2.5 percentage points to 54.3%, partly reflecting a refund of around €200 million in US tariffs.

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