The FINANCIAL — German sportswear firm Puma AG Rudolf Dassler Sport on November 6 said its third-quarter net earnings fell to 20 million euros from 28.9 million euros in the third quarter last year. Earnings per share dropped to 1.34 euros from 1.93 euros, according to Nasdaq.
Sales advanced 8.4 percent to 914.4 million euros, and rose 3.1 percent on a currency adjusted basis.
According to the company, sales in the quarter developed as expected with growth in all product categories.
Growth in Footwear was driven by Running and Training category.
Bj?rn Gulden, CEO, said, “Good feedback from retailers, better sell-out and a solid order book validate our outlook for the fourth quarter and allow us to confirm our full-year guidance.”
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