PMMAF News and Press, Puma Ag Rudolf Dassler Sp From 01/23/23

Summary British retailer Marks and Spencer Group plc saw a big uptick in price recently following its Christmas trading update. While its growth is strong, its profits are wanting. High inflation has impacted Marks and Spencer's operating profit in the recent past, and going by the comp...

Summary The German online retailer Zalando has seen a fast price rise over the last quarter. Its financials have shown some improvement too, but that doesn't appear to justify its P/E. The P/E is at vertigo-inducing 2,852x, driven more by its fast-shrinking earnings than its performance...

Summary PUMA's price is down by 44% in the past year, which looks like a glaring disconnect from its strong revenue growth and profit increase. Signs of some stress are visible in a slight drop in margins and inventory pileup. It doesn't help that 2023 could be recessionary at a time of...

Summary Puma confirmed its 2022 guidance. There was no profit warning like Adidas and Nike. Less exposure to China and better sales momentum will be positive catalysts to manage inventory levels. We decided to lower our 2023 EBIT margin; however, we confirm our buy rating targ...

PUMA SE ( OTCPK:PMMAF ): Q3 GAAP EPS of €0.98. Revenue of €2.35B (+23.7% Y/Y) beats by €90M . Press release For further details see: PUMA SE GAAP EPS of €0.98, revenue of €2.35B beats by €90M

Summary Nike and Lululemon are competing in the same most relevant market while offering different opportunities but bearing also specific risks for investors. While LULU has been an outperformer over the past few years, my valuation model may reveal that it’s time for inve...

Summary Despite the negative Nike inventory result, Puma has strong brand momentum in the US and is back with a show in New York. Here at the Lab, we believe that Puma is already pricing in a recession. Nike's EMEA sales are supportive of Puma; China is not a problem. We reaff...

Summary Estimated an intrinsic value of $7.15b or $47 per share with a 1-year price target of $51, representing some 40% upside. Expansion focused on the direct-to-consumer strategy, India, South America, warehouse capacity and customer relationships. Margins will recover as f...

We forecasted a good Q2 and the company is delivering. The operating profit is still impacted by supply chain constraints. Puma is also increasing its marketing expenses. While the closest competitors are lowering the 2022 outlook, Puma is raising sales expectations and maintainin...

PUMA SE ( OTCPK:PMMAF ) shares slid sharply on Wednesday despite reporting record second quarter revenue. For the second quarter, the German apparel and footwear manufacturer reported a 25.8% jump in revenue to €2.0B,  coming in €110M above expectation...