Market Overview

Puma Posts Drop In Q3 Profit

Share:

Puma reported weaker-than-expected third-quarter results.

Puma's quarterly sales in the EMEA region fell 3.4% to 396.7 million euros ($514.3 million), while overall sales gained 6% to 892.2 million euros.

Its net profit dropped 85% to 12.2 million euros. However, analysts were expeting a net profit of 36.4 million on sales of 906 million euros.

Posted-In: profitEarnings News

 

Related Articles

View Comments and Join the Discussion!

Cnooc Posts 5.2% Rise In Q3 Revenue, Raises 2012 Output Forecast

Iberdrola 9-Month Net Profit Up 12%