Puma hikes sales outlook despite supply challenges - NewsBreak

Home > Business
By Suzana in Business
Updated 3 years ago

BERLIN, Oct 27 (Reuters) - German sportswear company Puma (PUMG.DE) increased its 2021 sales outlook on Wednesday even as it cautioned that a coronavirus lockdown in Vietnam, port congestion and container shortages were hurting its supply chain. Third-quarter sales rose a currency-adjusted 20.4% to 1.9 billion euros ($2.21 billion), while...

puma-hikes-sales-outlook-despite-supply-challenges-newsbreak