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Puma posts Q2 sales slightly ahead of expectations

Puma posts Q2 sales slightly ahead of expectations

- German sportswear maker Puma PUMG.DE on Friday reported a narrower-than-expected decline in its quarterly currency-adjusted sales, despite weak consumer demand in key regions.

The company posted revenue of 1.69 billion euros ($1.94 billion) for the second-quarter, down from 1.94 billion euros a year earlier, but slightly surpassing analysts' average estimate of 1.67 billion euros in a company-provided poll.


($1 = 0.8692 euros)


(Reporting by Ozan Ergenay in Gdansk, Editing by Linda Pasquini)

((Ozan.Ergenay@thomsonreuters.com; +48 58 746 90 34
Linda.pasquini@thomsonreuters.com; +48 73 334 13 56))

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