Puma reports Q1 operating profit of 51.9 million euros
The German sportswear maker reported a 19.6% rise in EBIT to 51.9 million euros. Results were driven by inventory clearance and lower operating expenses.
PUMA SE reported a Q1 2025 EBIT of 51.9 million euros ($60.53 million) on Thursday, rising 19.6% compared with the prior year. The result exceeded the 43 million euro estimate provided by analysts in a company-polled forecast. Improved inventory management and reduced operating expenses supported the Germany-based sportswear firm's performance.
Puma attributed the profit growth to successful inventory clearance and a reduction in operating expenses. EBIT rose to 51.9 million euros, beating the 43 million euros expected by analysts. This 19.6% increase reflects operational improvements as the brand manages global supply chain costs.
