Puma – European Sales & Margin Dynamics – 15 November 2021

  • Public Equity
  • Consumer
  • Europe


Former manager at Puma SE


  • Puma’s (ETR: PUM) sales outlook in the retail, wholesale and online channels by product category, including opportunities to grow presence in wholesale account, retail sites and womenswear
  • Supply chain shortages and the impact on inventory, pricing and gross margins
  • Competitive analysis – Puma vs Adidas (ETR: ADS) vs Nike (NYSE: NKE)
  • Operating margin expansion opportunities and cost challenges


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