Puma sees Q1 profit fall by 99.5% amid macroeconomic challenges
German sportswear giant Puma saw its net profit drop 99.5% to 0.5 million euros in Q1 2025, hit by weak wholesale sales. The brand is cutting costs but reaffirmed its growth outlook and planned investments.
German sportswear giant Puma saw its net profit drop 99.5% to 0.5 million euros in Q1 2025, hit by weak wholesale sales. The brand is cutting costs but reaffirmed its growth outlook and planned investments.
