PUMA

PUMA reported a smaller-than-expected Q2 loss of –0.49 USD per share and revenue of 1.69 billion USD, both slightly above analyst expectations. On a currency-adjusted basis revenue fell 9.4%, adjusted EBIT remained negative, while gross margin rose to 48.0% and free cash flow increased significantly to 329 million EUR. Management confirmed the revenue decline for 2026 and an EBIT range of –50 to –150 million EUR, but sees a return to growth in 2027; investors reacted to the cautious outlook with a drop in the share price. » Altro su de.investing.com

Puma reports a roughly 10% sales decline in the second quarter to just under €1.7 billion and continues to incur losses. Adjusted EBIT worsened to minus €41.9 million, and the net loss fell to €72.8 million due to lower one-off costs. CEO Arthur Hoeld reiterates the ongoing restructuring with inventory reductions, store closures and job cuts; in the short term Puma expects further sales declines in Q3, but a gradual recovery later in the year. The outlook remains unchanged: on a currency-adjusted basis a sales decline in the low- to mid-single-digit percentage range and an EBIT of minus €50 to minus €150 million, including the efficiency program. » Altro su finanzen.net

PUMA will publish results for the quarter ending June 30, 2026 on July 30, 2026. Six analysts expect on average earnings per share of -0.516 EUR (prior year -1.670 EUR), with revenue expected on average at 1.66 billion EUR (prior year 1.94 billion; -14.41%). For the current fiscal year, 18 analysts see on average a loss per share of -1.528 EUR (prior year -4.380 EUR) and revenue of 6.96 billion EUR (prior year 7.30 billion). » Altro su finanzen.net