Two Blokes

Puma shares rocked by profit warning. Tariffs are the least of its problems.

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    Posted by Two Blokes Jul 25 - Filed in General - #TwoBlokesTrading  - 3 views
    Puma shares lost nearly a fifth of their value on Friday as the German apparel maker cited “muted brand momentum,” U.S. tariffs and elevated inventories as reasons why it's now forecasting a loss on the year.