Puma : Q2 due 7 August – Momentum to improve
>Some 5% growth and slightly higher operating margins - At the end of last week, Puma published its aide memoire with statements related to FY 2024 and Q2 2024 (due 7 August). We forecast sales to increase 2% y-o-y to € 2.2bn which reflects a 5% increase at constant currency and FX headwinds of 3%. This implies an acceleration of growth vs Q1 2024 (up 1%) and reflects an improvement across all major regions: EMEA (up 4%) should benefit from DTC, Americas (up 5%) shoul...Puma and its subsidiaries are engaged in the development and sale of a broad range of sports and sports lifestyle products, including footwear, apparel and accessories. Product management, design, development and category-specific marketing have been combined under six separate Business Units. The Business Units Teamsport, Running, Training & Fitness, and Golf represent Co.'s performance business, while Lifestyle and Motorsports, Fundamentals as well as Accessories & Licensing constitute the lifestyle business.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.