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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 shares plunge after missing profit target
Puma has launched a cost-cutting programme after missing its profit target for 2024, a day after rival Adidas exceeded expectations, highlighting the diverging fortunes of Germany’s two highest profile sportswear brands.
Puma shares slide 16% after sales miss; European markets open flat
European stocks opened with a mixed picture on Thursday, after positive momentum was seen throughout the week. The pan-European Stoxx 600 was flat at 8:34 a.m. London time, the FTSE 100 was 0.05% in the green,
6h
Adidas and Puma to Lay Off Employees Amid Global Challenges and Profitability Concerns
Adidas and Puma, two of Germany’s leading sportswear companies, are reportedly planning significant layoffs as they navigate ...
2d
on MSN
Puma Shares Slump After 4Q Miss, Cost-Cutting Plan
Shares fell after the sporting-goods company posted net income below market expectations and said it was launching a new cost ...
3d
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 ...
1d
Puma shares plunge 23% after Q4 profit misses Street estimates, stock hits lowest level in two decades
Puma lost more than a fifth of its market value on Thursday after the weak quarterly results highlighted the work Puma still ...
1d
PUMA SE: Buy Rating Affirmed Amid Strong Direct-to-Consumer Performance and Positive Medium-Term Outlook
Analyst Alison Fok of DBS maintained a Buy rating on PUMA SE NPV (PMMAF – Research Report), with a price target of €59.00.Invest with ...
3d
on MSN
Puma Launches Cost-Saving Program After 2024 Profit Falls Short of Expectations
The German sporting-goods company blamed higher interest expenses.
1d
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 ...
2d
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 ...
2d
on MSN
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. Puma ...
1d
PUMA and City launch limited edition goalkeeper kit to be seen on-pitch this weekend
In a first for world football, Manchester City will showcase a bespoke goalkeeper kit designed by City stars using generative ...
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