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Asharq Al-Awsat
Asharq Al-Awsat
Lifestyle
Asharq Al-Awsat

DARK SECRETS: Puma raises full year revenue outlook after solid q2 | Vintage Vibes

Puma Bjorn Gulden
A handbag with the logo of German sports goods firm Puma is pictured in a shop after the company's annual news conference in Herzogenaurach, Germany February 20, 2014. (Reuters)

German sportswear maker Puma reported stronger than expected second-quarter earnings on Wednesday on "very strong growth" across its product range and raised its revenue outlook for the full-year 2022.

The company said its earnings before interest and taxes (EBIT) rose by 34.4% on the year to 146 million euros ($148.06 million), compared with analysts' average forecast for EBIT of 128.94 million euros.

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