Adidas said third-quarter revenues were up 12% year-on-year to €6.6 billion on Wednesday, marking a record-breaking quarter, according to the company. Adidas also confirmed the preliminary earnings released last week, increasing its outlook for the year.

“We are very proud and happy about what happened last night where two of our teams — Germany and Spain — won each of the semi-finals in the [Uefa] Nations League. It’s always cool to have two teams wearing the three stripes playing each other in the final,” Adidas CEO Bjørn Gulden told investors on Wednesday’s earnings call. “We’re also happy actually about what we did achieve in Q3. The momentum that we have seen globally strengthened, and we feel that our teams in the different markets have been very active.”

In the third quarter, dire

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