German sporting-goods brand Puma has launched 'NextLevel' cost efficiency programme, after its 2024 net income fell short of the previous year's figure and expectations.

PUMA SE NPV (PMMAF – Research Report) received a Hold rating and price target from DZ BANK AG analyst Thomas Maul today. The company’s shares ...

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 ...

German sportswear giants Adidas and Puma have both said they are seeking to reduce costs, including through possible job cuts, as they aim to bolster profits.

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

In a report released today, Jörg Philipp Frey from Warburg Research maintained a Buy rating on PUMA SE NPV (PMMAF – Research Report), with a ...

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

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

Shareholders of Australian apparel retail firms Myer and Premier Investments approved on Thursday the merger of the latter's ...

We view Puma as a leader in global sportswear but do not believe it has achieved a competitive advantage. Since 2014, Puma’s annual sales have risen to nearly EUR 9 billion from EUR 3 billion as the ...

When compared to the first nine months 2024, a stronger growth trajectory was achieved across EMEA (+14.3 percent ca), Europe ...