29-07-2020 13:02 via retailgazette.co.uk

Puma unable to forecast 2020 as Covid-19 hits profitability

// Puma has yet to provide a financial outlook for 2020 due to the unpredictable development of Covid-19
// The sportswear retailer focused on ensuring financing and liquidity to survive the crisisPuma has said uncertainty around the coronavirus pandemic made forecasts for the full-year impossible following a hit in second quarter sales and profitability.
Second-quarter sales fell a currency-adjusted 30.7 per cent to €831 million (£754.34 million) and earnings before interest and taxe
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