Core Viewpoint - The analysis presents a neutral stance on Adidas, acknowledging the potential for growth in the low-teens percentage range, but also highlighting a history of the company missing guidance [1]. Summary by Relevant Sections - Growth Potential: Adidas has the potential to accelerate growth to low-teens percentages based on multiple data points and indicators [1]. - Historical Performance: The company has a track record of missing guidance, which raises concerns about its ability to meet future growth expectations [1]. - Investment Philosophy: The investment approach discussed emphasizes value investing principles and a focus on long-term growth, suggesting a strategy of buying quality companies at a discount to their intrinsic value [1].
adidas: Strong Potential For Growth Acceleration, But I Await More Evidence