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Article Date: April 2017
Word Count: 599

Sneakers Lead Strong Growth for Puma in Q1

Final net income was €49.6 million ($53.9 mm) compared to €25.8 million, an increase of 92%, for the first quarter ended Mar. 31 as sales improved 18% to €1,005.1 million ($1,091.4 mm) from €851.9 million in the Big Cat’s first billion euro three month period. The brand’s strength was evident in every region, led by the Americas with a 20% increase in sales to €346.5 million from €288.1 million; closely followed by a 17% increase in Europe to €414.8 million from €354.4 million and 17% from Asia Pacific to €243.9 million from €209.4 million. The Big Cat showed particular strength ... Log in to view full article.


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