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Puma shares plunge
Puma shares plunge 23% as weak profit shakes confidence
Shares in Puma dropped 15% as the market opened on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a decline in annual profit.
Puma Plunges After Profit Warning Highlights Adidas’s Lead
Puma SE shares plunged after the German sportswear company reported disappointing earnings and pushed back profitability targets in a painful contrast to cross-town rival Adidas AG. Most Read from BloombergWhat Happened to Hanging Out on the Street?
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”.
Puma Announces Cost-Cutting
Puma launches cost-cutting drive after 2024 net profit disappoints
Sportswear brand Puma announced a cost-cutting programme on Wednesday after reporting 2024 net profit below the prior year's level, missing its expectations.
Puma Starts Cost-Cutting Program After Disappointing Earnings
Puma SE is launching a cost-efficiency program after the German sportswear company’s fourth-quarter earnings missed analyst estimates.
Puma launches cost cutting program as preliminary result show profit decline
Puma SE (ETR:PUMG) launched a cost-cutting programme as it issued a preliminary result with decline in operational profit.
2h
Man City launch fan vote for 2026/27 third kit with PUMA AI Creator
Manchester City and PUMA are delighted to announce the launch of a global fan vote to decide the club’s official 2026/27 ...
Santa Rosa Press Democrat
5h
Wrestling: 25th annual Puma Classic at Maria Carrillo set to feature one of largest fields ever
The 25th annual Puma Classic wrestling tournament at Maria Carrillo is set for one its largest fields yet, featuring more ...
4d
Why did PUMA rebrand itself as PVMA
In a bold move that underscores its commitment to sports innovation, PUMA India has rebranded its signage to “PVMA” in honour ...
Marketing Interactive
4d
Typo or tactic: PUMA ad plastered across OOH with PVMA
PUMA India has reportedly rebranded its signage to "PVMA" in its latest collaboration with two-time Olympic medalist and ...
1d
Puma stock slumps a day after Adidas rally. New Speedcat range may be to blame.
Puma shares slumped on Thursday as the German apparel maker’s preliminary fourth-quarter numbers disappointed analysts.
8h
on MSN
Puma shares plunge 23% after Q4 profit misses Street estimates, stock hits lowest level in two decades
Puma shares ended the day down 22.8% at 32.3 euros, their worst day ever and hitting their lowest level since February 2018. Catch all the Business News , Market News , Breaking News Events and Latest ...
19h
on MSN
European stocks rise on Trump's Davos speech; Puma slumps
By Nikhil Sharma and Pranav Kashyap (Reuters) -European shares closed higher on Thursday, buoyed by President Donald Trump's ...
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