PUMA SE UNSP.ADR 1/10

PUMA SE (OTCPK:PMMAF) Q1 2025 Earnings Conference Call May 8, 2025 9:00 AM ET Company Participants Markus Neubrand - Group Chief Financial Officer Gottfried Hoppe - Director Investor Relations Conference Call Participants Grace Smalley - Morgan Stanley Anne-Laure Bismuth - HSBC Monique Pollard - Citi Thierry Cota - Bank of America Piral Dadhania - RBC Robert Krankowski - UBS Warwick Okines - BNP Paribas Exane Andreas Riemann - ODDO BHF Geoff Lowery - Redburn Atlantic Jürgen Kolb - Kepler Cheuvreux Adam Cochrane - Deutsche Bank Operator Ladies and gentlemen, thank you for standing by. Welcome and thank you for joining the Q1 2025 Earnings Call of PUMA SE.» Mehr auf seekingalpha.com

Puma SE is poised for a turnaround with strong growth plans in the US market and strategic athlete endorsements, leading me to assign a "Buy" recommendation. Despite recent subpar financial performance, Puma's robust dividend growth history and stable payout ratio indicate a solid foundation for future shareholder returns. My DCF analysis reveals that Puma is undervalued, with an intrinsic value per share of $5.35, representing a 78.3% upside from current levels.» Mehr auf seekingalpha.com

Puma SE's stock has dropped nearly 50% year-to-date, with an additional 20% decline following its Q4 earnings, creating a potential value opportunity for long-term investors. Despite consistent revenue growth, Puma has struggled with profitability as rising operating expenses have outpaced sales, leading to stagnant net income over the past several years. High-profile collaborations with cultural icons like Rihanna, A$AP Rocky, and top sports teams such as Scuderia Ferrari's F1 team are driving increased brand engagement and market relevance.» Mehr auf seekingalpha.com