The footwear segment had growth of 9.3% in the period to €1.24 billion, while apparel fell 0.7% to €763.6 million, and accessories was up 2.9% to €304.2 million.

The wholesale business was up 1.5% in the quarter to €1.73 million, while direct-to-consumer (DTC) sales grew 17% to €580 million. Sales in owned and operated retail stores had an increase of 12.8% and e-commerce was up 26.4%.

Regional results saw EMEA grow 0.8% to €1 billion, the Americas improve by 11.4% year-on-year to €872.2 million and Asia/Pacific jump 3% to €430.4 million.

EBIT came in at €237 million for the quarter, growing by 0.3%, with an EBIT margin of 10.3%. Net income dropped 3% to €127.8 million.

Looking forward, Puma expects mid-single-digit currency-adjusted sales growth and an operating result (EBIT) in the range of €620-670 million.

CEO Arne Freundt said: “With accelerated sales growth in Q3 and EBIT meeting expectations as well as a strong orderbook for Q4, we’re on track to meet our full-year 2024 outlook. This success is due to the great engagement of the entire Puma Family and its incredible partners.”