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flag Puma's Q1 2026 sales fell 1% while earnings jumped 19.6% amid inventory clearance and cost efficiency.

flag Puma reported a 1% decline in currency-adjusted sales for the first quarter of 2026, exceeding expectations as earnings rose 19.6% to €51.9 million. flag The company attributed the success to inventory clearance, a strong direct-to-consumer business, and cost efficiency, while Asia Pacific and the Americas showed sales growth. flag New CFO Mark Langer was appointed, and the company reaffirmed its goal to normalize inventory levels by 2026.

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