Puma shares fall after weak sales

Azernews.Az

23 January 2025 21:39 (UTC+04:00)

Shares of the German sportswear brand Puma fell by 18 percent on Thursday, following disappointing financial results. The stock's decline came after Puma reported lower-than-expected fourth-quarter sales and a drop in annual profit, raising concerns about its ability to compete with larger rivals Adidas and Nike, Azernews reports.

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