Puma lost more than a fifth of its market value on Thursday after the German sportswear brand reported lower than expected ...

Shares in Puma dropped 15% as the market opened on Thursday after the German sportswear brand reported lower than expected ...

Shares fell after the sporting-goods company posted net income below market expectations and said it was launching a new cost ...

By Helen Reid (Reuters) -Puma shares sank 21% on Thursday after the German sportswear brand reported lower than expected ...

Puma SE shares plunged after the German sportswear company reported disappointing earnings and pushed back profitability ...

Puma (PMMAF) launched a cost-cutting programme on Wednesday after the German sportswear-maker missed its full-year profit ...

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

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

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 ...

Just a day after Adidas reported solid results, Puma said fourth-quarter sales rose 9.8% - below the 12% forecast by analysts.

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.

Puma's fourth-quarter sales grew 9.8% in currency-adjusted terms, against the 12% growth expected by analysts. Net profit last year fell to 282 million euros ($293 million) from 305 million, in part ...