Puma trims 2026 operating loss forecast amid softer consumer demand

n-tv

Lean Right

Factuality

Ownership

Puma has less interest in buying in Europe and North America, so the sales of the sporting goods manufacturer are significantly decreasing. Chief Executive Officer Arthur Höld is rather unimpressed and speaks of a "transitional year".

IndexHR

Lean Left

Factuality

Ownership

In the third quarter, PUMA recorded a drop in revenue and an operating loss.

Handelsblatt

Lean Right

Factuality

Ownership

The sporting goods group continues to lose ground on the larger competitor Adidas. However, the Chinese major shareholder Anta is at least considered patient.