Puma lost more than a fifth of its market value on Thursday after the German sportswear brand reported lower than expected ...
Puma SE shares plunged after the German sportswear company reported disappointing earnings and pushed back profitability ...
By Helen Reid (Reuters) -Puma shares sank 21% 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.
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 ...