Puma reports Q1 operating profit above expectations

PUMA SE

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))