Puma increased its sales and profits in the third quarter
In the second quarter, revenue fell further and the company was loss-making.
According to a statement published on its website on Wednesday, Puma generated sales of 1.583 billion euros in the third quarter, up 7.2 percent from 1.477 billion euros in the third quarter of 2019.
Adjusted for exchange rate effects, revenue increased by 13.3 percent. In the second quarter, Puma’s sales were still 30.7 percent lower than in the previous year exchange rate effect adjusted.
In the third quarter, Puma sales increased by 20.7 percent in the U.S. market, by 17.7 percent in the EMEA region and by1.9 percent in Asia. (MTI)
Related news
French sports goods seller Decathlon to double India sourcing to $3 billion in 5 years
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Puma at historic low: stock plunge, layoffs and dividend cut
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Waberer’s loss declined
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
Rossmann returns home with new accolades from the Retailer of the Year and Symbol of Sustainability competitions
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Wolt fined 60 million for occupational safety violations
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Syngenta’s sustainability program reaches a new level in Dióskál
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >