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Puma trims 2026 operating loss forecast amid softer consumer demand

Reuters

Oct ‌30 (Reuters) - German sportswear maker ​Puma ‌narrowed the guidance for ‌its 2026 operating ‌loss on Friday, with the midpoint of the ⁠range ‌weakening slightly ⁠amid muted consumer ​demand.

The company expects an ​operating loss of €80 ​million ‌to €130 million ($89 million ​to $145 ⁠million) in ‌2026, compared ​with ​a previous forecast for a loss of €50 ‌million to €150 million.

($1 = 0.8957 ‌euros)

(Reporting ​by Ozan Ergenay in Gdansk, editing by ‌Milla Nissi-Prussak)