Puma Lacks an Edge but Is an Established Player in the Expanding Global Sportswear Market
Puma is highly dependent on wholesale, which accounts for about 75% of its sales. Wholesale sales tend to bring lower margins than sales through full-price owned channels. Puma also risks losing share ...
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KTB Q3 Earnings Beat Estimates, Raised Guidance Propel Stock Higher
Kontoor Brands, Inc. KTB reported third-quarter 2024 results, wherein the top and bottom lines beat the Zacks Consensus ...