Puma reports decline in first-quarter profit margin

Reuters

Wed, May 7, 2025, 11:15 PM

LONDON (Reuters) - Sportswear marque Puma reported a diminution successful first-quarter nett borderline connected Thursday and nary maturation successful first-quarter income arsenic the institution cuts costs successful an effort to crook its show around.

Puma income of 2.076 cardinal euros ($2.35 billion) were somewhat amended than analysts' forecast of 2.041 cardinal euros, up by 0.1% compared with the archetypal 4th past year.

($1 = 0.8846 euros)

(Reporting by Helen Reid, Editing by Louise Heavens)