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

By Nikhil Sharma and Pranav Kashyap (Reuters) -European shares closed higher on Thursday, buoyed by President Donald Trump's ...

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

Puma shares slumped on Thursday as the German apparel maker’s preliminary fourth-quarter numbers disappointed analysts.

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

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

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

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 ...

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

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 ...

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.