Puma reports Q1 operating profit above expectations
30/04/2026 07:14
April 30 (Reuters) - German sportswear maker Puma PUMG.DE on Thursday reported a first-quarter operating profit that beat expectations, supported by inventory clearance and lower operating expenses. Its earnings before interest and taxes (EBIT) rose 19.6% to 51.9 million euros ($60.53 million), compared with analysts' estimates of 43 million euros in a company-provided poll. ($1 = 0.8574 euros) (Reporting by Linda Pasquini, editing by Thomas Seythal) ((linda.pasquini@thomsonreuters.com))
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