PMMAF News and Press, Puma Ag Rudolf Dassler Sp From 07/27/22

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...

The USD has been rising significantly. Puma gets almost 30% of its revenue from the U.S. but reports in euros. My price target for Puma is €74.31. For further details see: Puma, An Interesting European Stock

Puma has recorded strong demand, but it continues to struggle with high costs due to supply chain bottlenecks. Demand still exceeds supply. Based on the company's outlook and prudence, we confirm our buy rating. For further details see: Puma: Buy Rating Confirmed

Puma SE (OTCPK:PMMAF) (OTCPK:PUMSY) stock is sliding after releasing an earnings point that could not reach revenue expectations. The German apparel and footwear manufacturer reported GAAP EPS of €0.81 against revenue of €1.91 billion on Wednesday morning. While revenue reports ...

PUMA SE (OTCPK:PMMAF): Q1 GAAP EPS of €0.81. Revenue of €1.91B (+24.0% Y/Y) misses by €70M. For further details see: PUMA SE GAAP EPS of €0.81, revenue of €1.91B misses by €70M

High inflationary environments are usually bad for companies because their costs tend to increase at a higher level than their products or services prices. This is not the case of companies that offer a product that competitors can't imitate. adidas is a company that offers an asy...

Could Nike's and Adidas' strategies play into Puma's hands? As Europe tightens, sportswear brands can find support in other geographies. Strong pullback in stock price not justified thus creating opportunity. For further details see: Puma: Long-Term Growth Opportunity

Puma is a lesser known but fast growing European sporting goods brand. The company is investing quite heavily in expanding its production and EBIT result. Analyst estimates are calling for a 50%-plus EBIT increase within the next three years. Puma is trading at expensive level...

Foot Locker's share price is down over 50% from its 52-week high after revealing that it expects to sell significantly fewer Nike products. I still believe that Foot Locker could see promising growth in the future, even though they may face challenges due to supply chain concerns and ...

We’re covering Germany’s Adidas AG today, one of the largest footwear companies on the planet. It’s clearly underperformed peers such as Nike during the pandemic, with last year being especially bad. For the future though, we see a massive earnings reversal fo...