19 October, 2019 - 23 October, 2019
High Point, North Carolina, U.S.
23 October, 2019 - 25 October, 2019
29 October, 2019 - 31 October, 2019
Buenos Aires, Argentina
31 October, 2019 - 02 November, 2019
01 November, 2019 - 03 November, 2019
A preliminary report shows that consolidated sales for international sportwear brand Puma increased currency adjusted by 17% (13% in reported terms) to €1,122 million in the third quarter of 2017 against €990 million in corresponding quarter last year.
The operating result (EBIT) in the third quarter 2017 increased to approximately €101 million in the period (Q3 2016: €60 million). For the third time this year, Puma says it has raised the full-year guidance for its consolidated sales, gross profit margin, operating expenses and operating result (EBIT). Management expects that currency adjusted sales to increase between 14% and 16% against the previous guidance of 12%-14%. The gross profit margin is now anticipated to improve to 46.5% (previous guidance: 46%). EBIT is now anticipated to come in between €235 million and €245 million (previous guidance: €205-215 million). In line with the previous guidance, the Management still expects that net earnings will improve significantly in 2017.