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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
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.
23h
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
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 ...
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 ...
Santa Rosa Press Democrat
5h
Wrestling: Montgomery, Maria Carrillo place in top 10 at Puma Classic tournament
Montgomery and Maria Carrillo wrestled to top-10 finishes out of a field of 40 teams at Maria Carrillo’s 25th annual Puma ...
Daily Sabah
3d
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 ...
2d
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 ...
soapcentral
2d
LaMelo Ball x Puma x Teenage Mutant Ninja Turtles Collection: Where to buy, speculated release window, and everything we know so far
NBA player LaMelo Ball's partnership with Puma and the Teenage Mutant Ninja Turtles brand has created strong interest among ...
3d
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.
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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