Puma Affirms Guidance Ahead of Quiet Period
Two weeks before The Big Cat reports third quarter results, CEO Arne Freundt said the company still expects a single-digit increase in sales and an EBIT of €590 to €670 million for the full year, in comments reported by German financial publication, Euro am Sonntag. Both Puma and Adidas have seen markets sell off their shares recently, in part due to cautious assessments from financial analysts covering the ... Log in to view full article.