Puma CEO sees better holiday trading

Puma CEO sees better holiday trading after Q3 sales miss expectations
German sportswear maker Puma's third-quarter sales missed expectations on Wednesday due to sluggish demand and as weaker currencies in markets like Mexico, Argentina and Japan weighed on its revenue in euro terms.
Puma Reports Q3 Sales Below Expectations
(Reuters) - German sportswear maker Puma on Wednesday reported a 5% rise in currency-adjusted sales for the third quarter, but below analysts' expectations, as negative effects from foreign exchange rates continued to weigh on the business.
Puma Confirms Targets as Sales Get Boost From Footwear
Puma maintained its outlook for the year on the back of an acceleration in sales growth, helped by footwear, and a strong orderbook for the last three months of the year.
Puma Q3 sales miss market expectations
By Linda Pasquini and Helen Reid (Reuters) -German sportswear maker Puma's third-quarter sales missed expectations on Wednesday, despite a 5% rise driven by running and soccer shoes demand, as negative effects from foreign exchange rates continued to weigh on the business.
Puma Ekes 0.1% Growth in Q3, Below Expectations
Puma reported Q3 sales fell 0.1 percent to 2.31 billion euros. When adjusted for currency effects, sales were 5 percent up. "I'm pleased with the progress on our brand elevation journey," Puma chief executive Arne Freundt said in a statement.
Puma Sales Growth Picks Up as U.S. Business Recovers
Puma maintained its outlook for the year on the back of an acceleration in sales growth, helped by a recovery in its U.S.
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