Puma has reported a 6 per cent increase in currency-adjusted sales to US$2.45 billion for the third quarter, driven by sales growth in all regions.

The Europe, Middle East and Africa region achieved the largest sales increase of 9.9 per cent, with a particularly strong performance in Eastern Europe.

The Asia Pacific region grew 4.6 per cent thanks to continued recovery in Greater China and ongoing growth in Japan and India. 

In the Americas market, sales rose by 2.5 per cent, with a decline in North America due to macroeconomic headwinds offset by strong growth in Latin America.

Puma’s wholesale business increased by 3.1 per cent, while direct-to-consumer was up by 17.4 per cent.

The brand’s footwear and accessories sales rose 11.3 per cent and 4.2 per cent, respectively, while apparel dropped slightly by 0.5 per cent.

Operating expenses increased 1.2 per cent but the operating result dropped 8.3 per cent, leading to a 10 per cent decrease in net income to $136.9 million.

The company said it is in line with its full-year outlook, with currency-adjusted sales growth in the high single-digit percentage range and the operating result between $625 million and $710 million.