Puma sales fall in third quarter as losses persist

NAMPA / DPA

2026-10-30

Frankfurt (dpa) - Sportswear maker Puma's sales fell 5% year-on-year in the third quarter to around ?1.78 billion ($1.99 million), the German company said on Friday. Adjusted for currency effects, the drop was 6.3%. Demand was weaker in Europe and North America in particular. By contrast, the gross margin improved from 45.4% to 49.5%. Puma benefited from lower procurement costs and customs refunds worth ?29.8 million. Adjusted earnings before in......

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