PUMA Reports Increased Sales of €2.31 Billion EUR in Q3 2023

German sportswear brand PUMA has released its third-quarter financial report, revealing a 6% increase in its sales on a year-to-year basis. The company raked in €2.31 billion EUR in currency-adjusted terms in the three month period, landing just ahead of market expectations.In tandem with the results, PUMA's chief executive officer Arne Freundt said that "while the market continues to experience significant macroeconomic headwinds and 2023 remains a transition year, we outgrew the market." He ...