Puma’s Earnings Meet Estimates in Boost for CEO-less Brand
This article is for subscribers only.
Puma SE reported a stable first quarter in a boost for the German sportswear company, which is currently operating without a chief executive officer.
The sneaker brand’s adjusted earnings came in at €76 million ($86 million) before interest and taxes, according to a statement Thursday. That’s down from a year ago but slightly ahead of analyst estimates.