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Puma shares indicated 11% lower

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.

U.S. News & World Report · 11h

Puma Shares Indicated 11% Lower After Drop in Full-Year Profit

FILE PHOTO: A pair of shoes is shown, next to a drink, as sports retailer Puma launches their sportswear collection in collaboration with Porsche Design in Berlin, Germany February 21, 2019. REUTERS/Annegret Hilse/File Photo

Mint · 8h

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.

Puma launches cost-cutting drive

The Wall Street Journal on MSN · 10h

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-saving program driven by higher expenses and sluggish sales growth.

Reuters · 1d

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.

YAHOO!Finance · 3h

Puma “not satisfied” with profits and planning cost efficiency initiative

The nextlevel programme is aimed at cost reduction and operational enhancements to boost profitability growth.

Sportswear Giants Adidas And Puma Weighing Job Cuts

German sportswear giants Adidas and Puma have both said they are seeking to reduce costs, including through possible job cuts, as they aim to bolster profits.

9hon 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 and Adidas Share Price Performance Gap Gets Even Wider

The gulf in performance between Adidas AG and Puma SE shares since Bjorn Gulden hopped between the German sportswear makers ...

19hon MSN

LaMelo Ball & Puma team up to create iconic TMNT sneakers (PHOTOS)

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

1hon 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 ...

Tuesday afternoon forecast update with Meteorologist Joe Puma

Probably the only reasonable response to such a speech.

DPA International on MSN22h

Puma plans efficiency programme as figures fail to meet expectations

German sporting apparel group Puma is planning to introduce an efficiency programme aiming to raise the company's profit margin, boss Arne Freundt said on Wednesday. Puma achieved a higher operating ...

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Puma shares indicated 11% lower

Puma launches cost-cutting drive

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