NEW YORK (May 8, 2007) ?? Puma AG posted slight increases in both sales and earnings during the first quarter, but the athletic brand, which is in the process of being bought by PPR, said future orders rose modestly, giving way to a tepid forecast for future financial performance.
For the quarter ended March 31, the Germany-based company earned 96.6 million euros, or $126.6 million, calculated at average exchange. That compared with a profit of 93.1 million euros a year ago.
On an earnings per share basis, Puma earned 6.01 euros, up from 5.78 last year, the company said in a Monday press release. |
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