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

By Helen Reid (Reuters) -Puma shares sank 21% 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 ...

Sportswear brand Puma announced a cost-cutting programme on Wednesday after reporting 2024 net profit below the prior year's ...

Rep. Mike Collins (R-Ga.) heavily criticized statements made by the Right Rev. Mariann Budde on Tuesday at the inaugural ...

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

As a result of these earnings, Puma noted that it initiated a cost efficiency program with the objective to achieve an EBIT margin of 8.5 percent by 2027. This is set to be achieved by optimizing ...

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

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

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