Puma's First Quarter Revenue Increased By 26%

Puma SE (PUMG.DE) After Puma achieved a 25.8% sales growth in the first quarter, it warned that the impact of the COVID-19 crisis on the logistics supply chain and the Xinjiang cotton incident will impact performance. Thanks to the low base effect in the same period last year, Puma SE Puma still achieved sales of 1.5488 billion euros despite the closure of a large number of local European stores due to epidemic prevention and control, a 19.2% rebound from 1.299.8 billion euros in the same period last year. Excluding the impact of exchange rates, EMEA had a 14% increase, and the Americas and the Asia-Pacific region rose by 38.5% and 28.8% respectively.