German sportwear company Adidas reported disappointing second-quarter sales on Thursday.<br />The company expects a recovery in the second half after it stemmed a decline in Europe.<br />Adidas shares fell 2.3% by 0725 GMT.<br />The stock had rallied in recent weeks on hopes it might lift its outlook.<br />Adidas had already warned in March that supply chain issues would hit sales growth in the first half.
