Shares in Puma dropped 15% as the market opened on Thursday after the German sportswear brand reported lower than expected ...
Puma shares slumped on Thursday as the German apparel maker’s preliminary fourth-quarter numbers disappointed analysts.
Shares fell after the sporting-goods company posted net income below market expectations and said it was launching a new cost ...
(Reuters) -Puma shares fell by 16% as the market opened on Thursday after the German sportswear brand reported lower than ...
Sportswear brand Puma announced a cost-cutting programme on Wednesday after reporting 2024 net profit below the prior year's ...
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While this increased revenue, it weighed on Puma’s profit margin. The company is aiming to boost its margin through cost cutting, which it said would include reallocating staff to “strategic growth ...
Sportswear brand Puma has announced a cost-cutting programme after reporting 2024 net profit below the prior year's level, ...
We view Puma as a leader in global sportswear but do not believe it has achieved a competitive advantage. Since 2014, Puma’s annual sales have risen to nearly EUR 9 billion from EUR 3 billion as the ...
German sporting apparel group Puma is planning to introduce an efficiency programme aiming to raise the company's profit margin, boss Arne Freundt said on Wednesday. Puma achieved a higher operating ...