adidas AG (ADDYY) Q2 2026 Earnings Call Transcript

adidas AG ( ADDYY ) Q2 2026 Earnings Call July 30, 2026 9:00 AM EDT Company Participants Sebastian Steffen - Senior Vice President of Investor Relations & Corporate Communications Bjorn Gulden - Chairman of Global Brands, CEO & Chairman of Executive Board Harm Ohlmeyer - CFO & Member of Executive Board Conference Call Participants Grace Smalley - Morgan Stanley, Research Division Geoff Lowery - Rothschild & Co Redburn, Research Division Aneesha Sherman - Bernstein Institutional Services LLC, Research Division Jurgen Kolb - Kepler Cheuvreux, Research Division Licong Liu - JPMorgan Chase & Co, Research Division Adam Cochrane - Deutsche Bank AG, Research Division Andreas Riemann - ODDO BHF Corporate & Markets, Research Division Piral Dadhania - RBC Capital Markets, Research Division Alexander Richard Okines - BNP Paribas, Research Division Presentation Operator Ladies and gentlemen, welcome to the adidas AG Q2 2026 Conference Call and Live Webcast. I am Moira, the Chorus Call operator. [Operator Instructions] The conference is being recorded. [Operator Instructions]. The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Sebastian Steffen, Head of Investor Relations. Please go ahead. Sebastian Steffen Senior Vice President of Investor Relations & Corporate Communications Thanks very much, Moira, and hello, everyone. Good evening, good afternoon and good morning, wherever you're joining us today. Welcome to our Q2 2026 results conference call. Our presenters today are our CEO, Bjorn Gulden; and our CFO, Harm Ohlmeyer. Before Bjorn and Harm will take you through the key developments of the second quarter and share -- so before Bjorn and Harm will take you through the key developments of the second quarter and share their expectations, let me just quickly remind you [Operator Instructions]. And now without any further ado, over to you, Bjorn. Bjorn Gulden Chairman of Global Brands, CEO & Chairman of Executive Board