German sports retailer Puma on Wednesday said Argentina's major devaluation of its currency in December hit its financial results. Puma shares closed the session 10.5% lower, at the bottom of Europe's ...
No-moat Puma issued preliminary 2023 fourth-quarter results and initial 2024 guidance below our forecast, sending its shares down 10% on Jan. 24. The fourth-quarter results were negatively affected by ...