Puma issues profit warning, expects full-year loss as sales slump

NAMPA / DPA

2025-07-25

Berlin (dpa) - German sportswear maker Puma sharply lowered its full-year outlook on Thursday after a disappointing second quarter, warning it now expects to post a loss instead of a previously forecast profit. The company said it now anticipates a negative operating result (EBIT) in 2025, reversing its earlier forecast of a profit between ?445 million ($523 million) and ?525 million. Puma cited weaker-than-expected sales in key markets, unfavour......

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