Home Street Fashion German brand Puma reports sales of $2.4 bn in Q3 2024, 5%...

German brand Puma reports sales of $2.4 bn in Q3 2024, 5% YoY growth

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Puma reported sales of €2,308.2 million (~$2,448.7 million) in Q3 2024, up 5 per cent YoY (currency-adjusted), driven by growth in the Americas, Asia/Pacific, and EMEA.
The gross margin rose to 47.9 per cent, and DTC sales grew 17 per cent.
The company’s net income fell 3 per cent to €127.8 million (~$141.98 million) due to non-controlling interests, with an EBIT margin of 10.3 per cent.Puma reported sales of €2,308.2 million (~$2,448.7 million) in Q3 2024, up 5 per cent YoY (currency-adjusted), driven by growth in the Americas, Asia/Pacific, and EMEA.
The gross margin rose to 47.9 per cent, and DTC sales grew 17 per cent.
The company’s net income fell 3 per cent to €127.8 million (~$141.98 million) due to non-controlling interests, with an EBIT margin of 10.3 per cent.