Puma reported a slight increase in Q1 FY24 sales to €2.1 billion (~$2.25 billion), up 0.5 per cent YoY on a constant currency basis, despite a €100 million loss.
Americas and Asia-Pacific regions saw growth, but EMEA was flat.
The company’s DTC sales rose 13.5 per cent, while wholesale declined.
Net income fell 25.5 per cent to €87.3 million.Puma reported a slight increase in Q1 FY24 sales to €2.1 billion (~$2.25 billion), up 0.5 per cent YoY on a constant currency basis, despite a €100 million loss.
Americas and Asia-Pacific regions saw growth, but EMEA was flat.
The company’s DTC sales rose 13.5 per cent, while wholesale declined.
Net income fell 25.5 per cent to €87.3 million.
