By Helen Reid and Linda Pasquini (Reuters) -German sportswear maker Adidas held back on Tuesday from raising its 2025 financial forecasts despite strong first-quarter results, saying the uncertainty around U.

The chief of the German sportswear giant said that unpredictability surrounding the tariffs prevented the company from issuing a full-year forecast, but he predicted a price increase for American consumers.

Adidas AG refrained from raising its financial targets for the year because of the concern around US tariffs, which will raise prices on consumers in the world’s biggest sports market and could upend the German brand’s momentum.