For the third quarter Puma’s sales increased by 16 per cent. Gross profit margin decreased to 46 per cent. Operating expenses increased by 25 per cent. Operating result improved by 12 per cent. Net earnings improved by one per cent.

Despite all the global uncertainties the third quarter was again a very good quarter for the company and was the best quarter in Puma’s history.Improved product availability due to a more stable supply chain, better than expected sell-through and Puma’s continued global brand momentum overcompensated all the negative external factors.

The Americas region recorded a strong sales growth of 18 per cent. Sales in EMEA were up 18 per cent, driven by strong growth across almost all key markets in Europe. The Asia/Pacific region recorded sales growth for the first time this year. While Covid-related lockdown measures still impacted the business in Greater China, other key markets in Asia/Pacific delivered strong growth. Sales in footwear were up 33 percent and apparel grew nine per cent driven by continued strong demand for performance categories like running and training, teamsports and basketball as well as for sportstyle. Sales in accessories were down ten per cent because of a softer leg- and bodywear-business, especially in North America.