Seeking Alpha

Puma (PMMAF.PK) warns sales could fall 1% to 5% in 2013 after the retailer saw Q1 come in below...

Puma (PMMAF.PK) warns sales could fall 1% to 5% in 2013 after the retailer saw Q1 come in below expectations. The company says it will make a clean break from the strategy of its former CEO of 18 years as a focus on fashionable lifestyle products sputtered in Europe and China. Analysts don't think the weakness at Puma is a stark warning sign for Nike (NKE) or Adidas (ADDYY.PK).
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs