CosmicTaco

Puma Shares Plunge Amid Profit Concerns

CosmicTaco · 2025-01-24T10:50:49.185404+05:30

- Puma's market value dropped over 20% after reporting lower-than-expected Q4 sales and annual profit. - The company faces challenges competing with Adidas and Nike, despite efforts to relaunch products like the Speedcat. - Analysts question Puma's competitive advantage and brand premiumisation strategy, as it pushes back profitability targets. Source: [Mint](https://www.livemint.com/market/stock-market-news/puma-shares-plunge-23-after-q4-profit-misses-street-estimates-stock-hits-lowest-level-in-two-decades-11737652924479.html), [The Economic Times](https://economictimes.indiatimes.com/markets/stocks/news/puma-shares-plunge-23-as-weak-profit-shakes-confidence/articleshow/117494737.cms)

Puma's market value dropped over 20% after reporting lower-than-expected Q4 sales and annual profit.
The company faces challenges competing with Adidas and Nike, despite efforts to relaunch products like the Speedcat.
Analysts question Puma's competitive advantage and brand premiumisation strategy, as it pushes back profitability targets.

Source: Mint, The Economic Times