Could his weirdly named brand of ugly shoes really be a unicorn? There are other hints in Adidas annual report that Yeezy is very valuable.
In terms of worldwide footwear sales, Yeezy would amount to around 1. Profits at Adidas grew to Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper.
Data is provided "as is" for informational purposes only and is not intended for trading purposes. Fundamental company data and analyst estimates provided by FactSet. That implies that there is a lot of unmet demand for the shoes.
While that number sounds incredible, keep in mind that on the secondary market, Yeezy shoes often sell for between percent and percent of their sticker price. Almost as excited as West himself.
Tick up the valuation to 22 times, and Yeezy clears the billion dollars easily. No need for expensive ad campaigns, bringing marketing costs down to close to nothing.
This paints Yeezy in a very favorable light. But remember, Yeezy almost certainly has much better margins.
Sales could be much higher. Perhaps, however, West is thinking of something else. In another tweet, Kanye said that his Yeezy s soldpairs in 4 hours.Get SEC filings for adidas AG (ADDYY), including Annual Report (10k) and Quarterly Report (10Q).
In our Download Center you find the latest reports, key financial data, press releases and presentations as well as the links to our analyst webcasts. Adidas Group doesn't provide the Operating Margin figure for Adidas. Also known as ROS - Return on Sales, it measures the percentage of sales revenue that gets 'returned' to.
Our deep dive into Adidas annual report suggests that West is correctly reporting the value. West's shoes are a billion business. And they may be much bigger than that. ADDYY - balance sheet, income statement, cash flow, earnings & estimates, ratio and margins.
Financial statements for adidas AG ADR. Sep 14, · Updated annual income statement for adidas AG ADR - including ADDYY income, sales & revenue, operating expenses, EBITDA and more.Download