Puma registered the highest quarterly sales in its history in the third quarter of fiscal 2022 at €2,354.4 million, up by 16.9 percent.
The Americas region posted the highest sales growth for the German sportswear giant at 18.8 percent. Sales in EMEA were up 18.5 percent, driven by growth across almost all key European markets.
For the first time this year, Asia/Pacific also recorded a sales growth, which is at 9.8 percent.
While COVID-19 lockdown measures impacted business in Greater China, other key markets in Asia/Pacific delivered strong growth.
Sales in footwear increased 33.2 percent and apparel was up 9.9 percent, driven by continued strong demand for performance categories like Running & Training, Team Sports Basketball, and Sportstyle.
Meanwhile, sales in accessories were down 10.2 percent.
The gross profit margin dropped by 60 basis points to 46.8 percent, mainly due to higher sourcing prices of raw materials.


Tesla Launches New Model Y Variant in the US Starting at $41,990
NRW Holdings Shares Surge After Securing Major Rio Tinto Contract and New Project Wins
Trump’s U.S. Open Visit Delays Final, Fans Face Long Security Lines
Trump Urges Hall of Fame Induction for Roger Clemens Amid Renewed Debate
CK Hutchison Unit Launches Arbitration Against Panama Over Port Concessions Ruling
From Messi to Mika Häkkinen: how top athletes can slow down time
Indian Rupee Strengthens Sharply After U.S.-India Trade Deal Announcement
Trump Booed at Club World Cup Final, Praises Pele as Soccer’s GOAT
Why the Australian Open’s online tennis coverage looks like a Wii sports game
Why Manchester City offered Erling Haaland the longest contract in Premier League history
US Reviewing Visa Denial for Venezuelan Little League Team Barred from World Series
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence
LA28 Confirms Olympic Athletes Exempt from Trump’s Travel Ban
Taiwan Urges Stronger Trade Ties With Fellow Democracies, Rejects Economic Dependence on China
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 



