Puma reports lower revenue but beats profit expectations

NAMPA / DPA

2026-04-30

Frankfurt (dpa) - German sportswear manufacturer Puma kicked off the start of a World Cup year with lower sales but higher profit in the first quarter, the company reported on Thursday. "Operationally, we were off to a solid start to our transition year in 2026," chief executive Arthur Hoeld said in a statement. "We have managed to reduce our inventory levels faster than planned, streamlined our product portfolio and addressed operational ineffic......

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