• 09/22/2024

Puma Hit by Lower Sales, Weaker Argentine Peso

Wall Street Journal

Puma reported in-line underlying earnings in the fourth quarter but its shares fell after sales weakened and following a currency hit from the devaluation of the Argentine peso.

https://www.wsj.com/articles/puma-shares-drop-on-lower-sales-argentine-peso-effects-338db59a