German sports apparel brand Adidas has reported double-digit growth in the first quarter of 2025 (Q1 2025), but it has not increased its annual forecast due to the uncertainty of US tariffs and wider macroeconomic challenges.

German sportswear giant Adidas (OTC:ADDYY) reaffirmed its 2025 guidance on Tuesday, while warning that rising U.S. import tariffs could drive up product costs across its American market. The company,

German sportswear maker Adidas confirmed its guidance for 2025 on Tuesday, but said it expected higher tariffs on imports into the U.S. to eventually cause higher costs for all its products for the market.