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 German sporting-goods company said net income last year fell to €282 million from €305 million in 2023, citing higher net ...
Sportswear brand Puma announced a cost-cutting programme on Wednesday after reporting 2024 net profit below the prior year's ...
Puma wants to improve operations and cut costs in the name of profitability, while Adidas said its operating model is too complex.
Shares fell after the sporting-goods company posted net income below market expectations and said it was launching a new cost ...
Puma SE shares plunged after the German sportswear company reported disappointing earnings and pushed back profitability ...
In a first for world football, Manchester City will showcase a bespoke goalkeeper kit designed by City stars using generative ...
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Puma “not satisfied” with profits and planning cost efficiency initiativeThe nextlevel programme is aimed at cost reduction and operational enhancements to boost profitability growth.
The 25th annual Puma Classic wrestling tournament at Maria Carrillo is set for one its largest fields yet, featuring more ...
Manchester City and PUMA are delighted to announce the launch of a global fan vote to decide the club’s official 2026/27 ...
Charlotte Hornets point guard LaMelo Ball is teaming up with the Teenage Mutant Ninja Turtles for limited-edition PUMA ...
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