纺织服饰行业周报:PUMA2025Q3业绩发布 2025年为公司调整期

国盛证券
Nov 09, 2025

【本周专题】Puma 2025Q3 业绩发布,短期收入/利润承压,2025 年为公司调整期。近期Puma 披露2025Q3 季报,公司营收同比下降15.3%至19.6 亿欧元(货币中性基础上同比下降10.4%),Q3 毛利率同比下降2.6pcts 至45.2%,经调整后经营利润同比下降83.3%至3950 万欧元,归母净利润为亏损1000 万欧元(2024Q3 为亏损1460 万欧元)。2025 ...

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