Puma publishes transcript of Q1 2026 earnings call

  • Puma held Q1 2026 earnings call on April 30 with CEO Arthur Hoeld, outgoing CFO Markus Neubrand, head of investor relations Manuel Bösing.
  • Management reported Q1 currency-adjusted sales down 1% with EBIT about EUR 52 million, helped by improved gross margin and lower operating expenses.
  • Full-year outlook was reiterated with currency-adjusted sales decline expected in low-to-mid single digits, with Q2 sales growth seen clearly below Q1.
  • Group forecast full-year EBIT of minus EUR 50 million to minus EUR 150 million, citing uncertainty around consumer sentiment tied to Middle East conflict and shifting US tariff backdrop.
  • Puma announced CFO transition with Neubrand stepping down at month-end, remaining until end-September, with Mark Langer set to start in early May.


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