Puma shares plunge 18% after full-year sales, profit outlook cut on U.S. tariffs
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最新报道：Puma shares dropped 18% after slashing its full-year sales and profit forecasts, citing higher U.S. tariffs on footwear imports from China. The German sportswear giant now expects 2025 revenue growth of just 2%-4%, down from its previous 5%-7% projection, with operating profit estimated at €600-€700 million versus earlier guidance of €800-€900 million. CEO Arne Freundt warned the new tariffs could add €100 million in costs this year, forcing price hikes that may dampen demand. Rivals Nike and Adidas also face pressure as the Biden administration's increased tariffs on Chinese-made shoes took effect this month. Analysts note Puma's heavy reliance on China production leaves it more exposed than competitors.
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