The earnings call demonstrates a mix of positive developments and ongoing challenges. Growth in the DTC business and successful product launches are counterbalanced by regional struggles in North America and China, declining gross margins, and increased operating expenses, all compounded by uncertainties around US tariffs.

Company Guidance

During PUMA SE's Q1 2025 earnings call, the company reported that its overall financial results were broadly in line with expectations, with sales and adjusted operating results slightly surpassing projections for the quarter. Sales remained flat compared to the previous year in constant currencies, achieving EUR 2.1 billion. The Direct-to-Consumer (DTC) segment grew by 12%, driven by a 17.3% increase in e-commerce, while the wholesale business declined by 4% due to challenges in the US and China. The gross profit margin decreased by 60 basis points to 47%, primarily due to inventory valuation effects from the prior year. Operating expenses rose by 7.1%, with an increase in the OpEx ratio by 340 basis points to 43% in Q1. Adjusted EBIT decreased by 52% to EUR 76 million, with one-time costs related to the nextlevel cost efficiency program totaling EUR 18 million. The company maintained its outlook for 2025, anticipating low to mid-single-digit sales growth in constant currencies and an adjusted EBIT before one-time costs between EUR 520 million and EUR 600 million. The potential impact of newly announced US tariffs remains under review.

Direct-to-Consumer Business Growth

PUMA's DTC business grew by 12%, with e-commerce leading at 17.3%, showing robust growth across all regions.

Successful Product Launches

PUMA launched several successful products, including the Fast-R 3 running shoe and the PUMA MB.04 Golden Child basketball shoe, driving demand and brand visibility.

Go Wild Campaign Success

The 'Go Wild' brand campaign showed strong visibility with millions of views globally, enhancing brand recognition and engagement.

Speedcat Franchise Popularity

The Speedcat franchise continued to capitalize on the low-profile trend, with strong demand particularly in Asia.

Positive Regional Performance

EMEA and emerging markets like EEMEA and Latin America showed growth, with EMEA up by 5.1%.

PUMA SE NPV (DE:PUM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

DE:PUM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	-0.14 / -	0.86	―	―	―
Jul 31, 2025	2025 (Q2)	-0.83 / -0.50	0.28	-278.57% (-0.78)		―
May 08, 2025	2025 (Q1)	0.09 / 0.00	0.58	―
Mar 12, 2025	2024 (Q4)	0.20 / 0.16	0.01	1500.00% (+0.15)
Nov 06, 2024	2024 (Q3)	0.89 / 0.86	0.88	-2.27% (-0.02)		―
Aug 07, 2024	2024 (Q2)	0.43 / 0.28	0.37	-24.32% (-0.09)		―
May 08, 2024	2024 (Q1)	0.55 / 0.58	0.78	-25.64% (-0.20)		―
Feb 27, 2024	2023 (Q4)	0.11 / 0.01	0.01	0.00% (0.00)		―
Oct 24, 2023	2023 (Q3)	0.95 / 0.88	0.98	-10.20% (-0.10)		―
Jul 26, 2023	2023 (Q2)	0.38 / 0.37	0.56	-33.93% (-0.19)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

DE:PUM Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	€19.41	€18.64	-3.97%
May 08, 2025	€22.76	€23.95	+5.22%
Mar 12, 2025	€27.67	€22.16	-19.92%
Nov 06, 2024	€41.30	€42.17	+2.10%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does PUMA SE NPV (DE:PUM) report earnings?

PUMA SE NPV (DE:PUM) is schdueled to report earning on Oct 30, 2025, TBA (Confirmed).

What is PUMA SE NPV (DE:PUM) earnings time?

PUMA SE NPV (DE:PUM) earnings time is at Oct 30, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of PUMA SE NPV stock?

The P/E ratio of PUMA SE NPV is N/A.

What is DE:PUM EPS forecast?

DE:PUM EPS forecast for the fiscal quarter 2025 (Q3) is -0.14.

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