Weak results for Adidas

Adidas had a poor second quarter in Western Europe, which makes the entire company's performance worse.

The second quarter revenue became 3.38 billion euros instead of the expected 3.43 billion euros. The decrease means a 3.8 percent decline compared to the same period of last year.

Although the gross profit margin was 50.1 percent, instead of the expected 49.3 percent, both the operating profit, as well as