Upbeat Puma lifts forecast

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailOpulent ExpressAn Aircrew Saw Odd Activity On A Remote Island And Had To Look CloserOpulent ExpressStuff AnsweredSeniors Save on New MattressesStuff AnsweredReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterDirect HealthyKate Silverton’s PartnerDirect HealthyArticles VallyThey Saw This During Prince Charles’ BroadcastArticles VallyTruthfinderEnter Your Name, Wait 105 Seconds, Here’s What Your Friends Can Know About YouTruthfinder Upbeat Puma lifts forecast whatsapp Tuesday 26 October 2010 7:52 pm whatsapp Sharecenter_img Show Comments ▼ KCS-content GERMAN sporting goods company Puma hiked its sales outlook and posted solid third-quarter profits, following in the footsteps of rivals Adidas and Nike.The company said yesterday it expects the sales outlook to improve in the fourth quarter as it reported demand in North America and Latin America helped boost third-quarter sales by 6.5 per cent. It forecast €4bn (£3.5bn) of sales by 2015 and said it aimed to keep its gross profit margin – a measure of profitability — stable until then.Puma, which is controlled by France’s PPR, said it now sees 2010 sales growing by a medium to high single-digit percentage. It previously said it saw sales growing by a low to medium single-digit percentage this year. The second half of the year continues to show solid sales growth which should more than offset the flat performance in the first half of the year,” Puma said in a statement. Sales surged 27 per cent in the Americas but were broadly flat in Asia Pacific and Europe, Middle East and Africa. The Herzogenaurach, Germany-based sporting goods company posted third-quarter net profit of €77.6m up from €67.9m in the year-earlier period and broadly in line with €78.7m forecast in a Reuters poll. More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child Tags: NULLlast_img

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