Tag: $Puma

Puma Shares Drop After Underwhelming Earnings Guidance, Profit Miss

Puma shares fell Wednesday after the German apparel company’s 2023 net profit and 2024 guidance came in below analyst expectations.

Puma sales beat estimates but U.S. market drags

July 26 (Reuters) – German sportswear brand Puma’s (PUMG.DE) second-quarter sales grew by 11%, the company reported on Wednesday, slightly ahead of market expectations thanks to stronger revenues from Asia and Europe, while the U.S. dragged.

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