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Puma shares plunge

retail.economictimes.indiatimes · 6h

Puma shares plunge 18% after quarterly sales and profit miss

Puma shares fell 18 per cent after reporting lower-than-expected Q4 sales and a dip in annual profit, raising concerns about its competitiveness with Adidas and Nike. The disappointment follows Adidas' strong performance.

The Financial Times · 9h

Puma shares plunge after missing profit target

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 areas” such as marketing, while keeping the total headcount “stable”.

Reuters on MSN · 45m

Puma shares plunge 23% as weak profit shakes confidence

Puma lost more than a fifth of its market value on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a drop in annual profit, raising questions about its ability to compete with bigger rivals Adidas and Nike.

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This Red-Hot PUMA Sneaker Is Roaring Back

PUMA has masterfully achieved this with the label’s latest red-hot sneaker, the Speedcat. Inspired by the fast-paced world of ...

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The First Look at Salehe Bembury x PUMA

Its textured midsole takes a bright blue hue and is defined by its wavy patterning, while the upper is dominated by a lime ...

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Puma: Taking A Breather After The Rally

The other big fashion trend Puma is looking to ride is a shift toward “low-profile” categories via Speedcat. Much like in the ...

Soap Central Lifestyle on MSN13d

PUMA LaFrance “Valentine’s Day” sneakers: Reported release date, design details, and everything we know so far

PUMA is reportedly prepared to release LaFrance “Valentine’s Day” sneakers, the latest Valentine’s Day-themed footwear from ...

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