Puma Announces Cost-Cutting

Puma Shares Slump After 4Q Miss, Cost-Cutting Plan
Shares fell after the sporting-goods company posted net income below market expectations and said it was launching a new cost-saving program driven by higher expenses and sluggish sales growth.
Puma launches cost-cutting drive after 2024 net profit disappoints
Sportswear brand Puma announced a cost-cutting programme on Wednesday after reporting 2024 net profit below the prior year's level, missing its expectations.
EXEC: Puma Comes Up Short on 2024 Bottom Line; Sets Cost-Cutting Program
When compared to the first nine months 2024, a stronger growth trajectory was achieved across EMEA (+14.3 percent ca), Europe (+10.3 percent ca), Greater China (+7.4 percent ca), Other APAC (+19.0 percent ca) and North America (+2.6 percent ca), while LATAM’s sales growth was softer with +7.0 percent growth on a currency-adjusted basis.
Puma Launches Cost-Saving Program After 2024 Profit Falls Short of Expectations
The German sporting-goods company said net income last year fell to €282 million from €305 million in 2023, citing higher net interest expenses and the effect of higher non-controlling interests.
Puma Starts Cost-Cutting Program After Disappointing Earnings
Puma SE is launching a cost-efficiency program after the German sportswear company’s fourth-quarter earnings missed analyst estimates.
Puma launches cost cutting program as preliminary result show profit decline
Puma SE (ETR:PUMG) launched a cost-cutting programme as it issued a preliminary result with decline in operational profit.

Puma shares plunge

Puma stock slumps, a day after Adidas rally. New Speedcat range may be to blame.
Puma shares slumped on Thursday as the German apparel maker’s preliminary fourth-quarter numbers disappointed analysts.
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Puma launches cost-cutting drive after 2024 profit disappoints
Sportswear brand Puma has announced a cost-cutting programme after reporting 2024 net profit below the prior year's level, ...
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