Dow Jones Newswires: Puma warns of profitability headwinds as profit declines, but confirms outlook

April 26, 2023

By Joshua Kirby

Puma SE on Wednesday confirmed its outlook for 2023, but warned of continued drags on profitability after first-quarter profit declined despite higher sales.

The German sporting-goods firm booked sales of 2.19 billion euros ($2.40 billion) in the first three months of the year, 14% higher on year adjusted for currency effects….

Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

Watch now…