Puma (PUMG.DE) shares fell by 16 per cent as the market opened on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a decline in annual profit.The weak ...

Puma shares slid 18% on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a decline in annual profit, raising questions about its ability to compete ...

Puma SE reported a 9.8% sales growth in Q4 FY24 and launched a new efficiency program aiming to enhance profitability through cost control measures and strategic investments.

Puma SE shares plunged after the German sportswear company reported disappointing earnings and pushed back profitability ...

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 ...

FILE PHOTO: A pair of shoes is shown, next to a drink, as sports retailer Puma launches their sportswear collection in ...

Shares in Puma dropped 15% as the market opened on Thursday after the German sportswear brand reported lower than expected ...

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Charlotte Hornets star LaMelo Ball and his sneaker sponsor, Puma, are set to release the greatest sneakers of all time.

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 ...

The cost-cutting programme aims to get Puma back to an earnings before interest and tax (EBIT) margin of 8.5% by 2027. Puma ...