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Adidas Sees 97% Drop in Profit
Adidas Sees 97% Drop in Profit
Adidas, the world’s second largest sportswear retailer, has today announced an astounding 97% drop in pre-tax profits for the first quarter of 2009. picked by iamamaniac 7 months ago
tags adidas sportswear business profit economy
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48
 2manyuse...
7 months ago
never ever take at face value the statements of a company regarding their profits.

According to the movie studios, the original Star Wars has yet to return a profit.
quote #2
39
 bingo
7 months ago
I can believe too though.

In tough times, things like Adidas sells would not be high on the list.
quote #3
17
 stinkobi...
7 months ago
is there such a thing as "pre-tax" profits? I think they mean pre-tax earnings? Whatever. I wouldn't believe 97% though. I think they've just found 85% more deductions.
quote #4
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