PUMA SE provided financial Outlook for 2021. The year 2021 started with an all-time high of COVID-19 cases globally and continued restrictions for operations in numerous markets. At the end of April 2021, approximately 30% of the retail stores selling products in Europe and Latin America are still closed due to lockdown measures and the remaining 70% are mostly operating with significant restrictions. With global COVID-19 cases rising again sharply, the company also see new restrictions and lockdowns in other parts of the world such as India, Canada and Turkey. By consequence, the company foresees a continued negative impact of the COVID-19 pandemic on business throughout 2021. In addition, supply chain issues due to container shortages and port congestion especially in North America as well as recent political tensions in key markets are also leading to increased uncertainty in industry. Given a strong first quarter, the company is now in a position to further specify initial outlook of "at least moderate sales (ca) growth with upside potential" to "mid-teens sales (ca) growth" for the full year 2021. Outlook for both the operating result and net earnings has not changed and the company continues to foresee a significant improvement compared to 2020 despite the global uncertainty regarding the COVID-19 pandemic.