Puma (PUMSY) Q4 2024 earnings are in: the footwear company has launched a new cost savings program called Next Level following profit miss.
is implementing a cost savings plan after reporting lower than expected fourth-quarter sales and a drop in annual profit in its latest preliminary results.
In the fourth quarter, both the operating result of 109 million euros, up from 94 million euros in the 2023 fourth quarter, and net income of 24 million euros, up from 1 million euros in the same time last year, came in above last year’s levels, but below expectations.
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