adidas(ADDYY) - 2023 Q4 - Earnings Call Transcript

Aneesha Sherman - Bernstein If you then exclude Yeezy from the numbers, you will see that we were up around 2%. And then you shouldn't take the Argentina devaluation. You will see that's another percent. If you put those two together, that had an impact of about 3% on our top-line. If you remember, our latest guidance was low-single-digit decline currency neutral and when we then ended flat, we all understand that Q4 was stronger than what we had expected. But that is the picture we're looking at now. And n ...