Puma Confirms Targets as Sales Get Boost From Footwear

Puma has maintained its annual outlook due to accelerated sales growth in the third quarter, driven by robust footwear sales and a strong orderbook for the remaining months. The company continues to project mid-single-digit currency-adjusted sales growth. Expected earnings before interest and taxes are between 620 million and 670 million euros (approximately $677.8 million to $732.4 million). Additionally, Puma anticipates the change in net profit for the year will align with the operating result.