Puma Q2 sales jump 16.3 percent, raises full year outlook

Puma said sales grew 16.3 percent currency adjusted and 17.2 percent reported in the second quarter to 968.7 million euros (1,127 million dollars). The company said, all regions contributed with double-digit increases and while footwear continued to be the main growth driver, apparel also grew double-digit. Net earnings increased from 1.6 million euros (1.8 million dollars) to 21.9 million euros (25.4 million dollars) and earnings per share were up at 1.46 euros (1.69 dollars) compared to 0.11 euro (0.13 dollar) in the second quarter last year.