|
BERLIN (AP) - Sportswear maker Puma AG said Monday its net profit rose by 4 percent in the first quarter, but lowered its outlook for full-year sales and earnings growth.
Puma earned 96.6 million euros ($131.4 million) on sales of 655.8 million euros ($891.9 million) in the three months ending March 31, up from 93.1 million euros a year earlier.
Analysts surveyed by Dow Jones Newswires had expected net profit of 95.9 million euros ($130.4 million).
|