Puma ups guidance despite U.S. tariffs on China

BERLIN (Reuters) - German sportswear group Puma raised sales and profit forecasts again on Thursday after a strong third quarter in all regions despite cautioning that it would take a hit from U.S. tariffs on China in the fourth quarter.Third quarter sales rose by a currency adjusted 17% to 1.48 billion euros ($1.65 billion), ahead of average analyst forecasts for 1.45 billion, while operating earnings were up 25% to 162 million euros, in line with analyst expectations.Puma said it now expects..