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Puma reports higher Q2 sales

2023-07-26 06:15
German sportswear maker Puma on Wednesday said its second-quarter sales grew by 11%, slightly ahead of market expectations,
Puma reports higher Q2 sales

German sportswear maker Puma on Wednesday said its second-quarter sales grew by 11%, slightly ahead of market expectations, boosted by China sales and resilient Europe.

Its sales were 2.12 billion euros ($2.34 billion) in the quarter, up from 2 billion a year earlier and slightly above the 2.05 billion expected by analysts, according to Refinitiv Eikon data.

($1 = 0.9043 euros)

(Reporting by Linda Pasquini in Gdansk; Editing by Milla Nissi)