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Rivals leave Puma on the back foot as sluggish sales send shares tumbling 22.8%
Just a day after Adidas reported solid results, Puma said fourth-quarter sales rose 9.8% - below the 12% forecast by analysts.
18m
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 ...
Business Times
20m
Europe: Stocks rise on Trump’s Davos speech; Puma slumps
EUROPEAN shares closed higher on Thursday, buoyed by President Donald Trump’s address to the World Economic Forum in Davos, ...
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