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Adidas Sales, Profit Beat Estimates as World Cup Drives Growth

Adidas AG posted second-quarter revenue and profit that beat analyst expectations on growth in America and Asia that got a boost from the World Cup. Revenue adjusted for currency swings rose 10 percent to 5.26 billion euros ($6.1 billion), driven by a 12 percent gain at its namesake shoe brand, the Herzogenaurach, Germany-based company said…

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