PUMA SE Reports Q3 2026 Results and Updates Full-Year Outlook

PUMA SE reported a 6.3% currency-adjusted sales decline in Q3 2026 and a net loss of €54.9 million, compared with a €62 million loss a year earlier, marking a second consecutive quarter of operating losses. Gross margin improved to 49.5%, while APAC sales grew 10.0%. The company narrowed its full-year 2026 EBIT loss outlook to €80 million–€130 million and cut planned capital investment to €150 million from €200 million, citing IT costs shifting to operating expenses and more targeted spending.