puma - Search News

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.

The Financial Times · 20h

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”.

The Wall Street Journal on MSN · 1d

Puma Launches Cost-Saving Program After 2024 Profit Falls Short of Expectations

The German sporting-goods company blamed higher interest expenses.

Hosted on MSN · 19h

Puma shares tumble 16% after quarterly sales and profit miss

(Reuters) -Puma shares fell by 16% as the market opened on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a decline in annual profit. The weak results late on Wednesday came after rival Adidas reported strong sales and profitability,

Puma launches cost-cutting drive

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.

Daily Sabah · 17h

Adidas, Puma weigh job cuts as latter disappoints with profit fall

German sportswear giants Adidas and Puma have both announced they are seeking to reduce costs, including through possible job cuts, as they eye

Benzinga.com · 18h

PUMA Sees Growth In Q4 Sales, Warns Of Cost Cut In 2025

Puma SE reported a 9.8% sales growth in Q4 FY24 and launched a new efficiency program aiming to enhance profitability through cost control measures and strategic investments.

20hon 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 ...

15h

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 ...

35mon 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 ...

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 ...

Santa Rosa Press Democrat4h

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 ...

11hon 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 ...

10h

Puma's Elevate 2 molds performance and comfort

Puma Golf's Kristin Hinze and Shawn Koutahi run through the latest wardrobe adds for those seeking a "high fashion" look on the golf course and the performance of the Elevate 2 shoe at the PGA Show.

17h

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 ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results

Puma shares plunge

Puma launches cost-cutting drive

Related topics