Stock Movers Puma Plunges, Remy Cointreau Rises , Carrefour Lifts
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Jul 25, 2025 Puma faces a steep decline after slashing its profit forecast due to weak demand and tariff concerns. In contrast, Remy Cointreau sees a surge as US cognac sales rebound, boosting their profit outlook. Carrefour takes strategic steps by divesting its Italian operations for around €1 billion, aiming to strengthen its position amid challenges back home. The market is buzzing with these contrasting trends!
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Puma's Struggles and Tariff Impact
- Puma's profit outlook was cut due to tariffs and weak demand for sports and athleisure products.
- The new CEO, Arthur Holder, is struggling to reconnect the brand with consumers amid underperformance against Adidas and Nike.
Remy Cointreau's Mixed Fortune
- Remy Cointreau lifted its profit guidance thanks to US cognac sales rebounding and limited tariff impact in China.
- Despite the gains, it still faces economic uncertainty, inflation, and US tariffs which could hit profits.
Carrefour's Strategic Asset Disposal
- Carrefour is selling its Italian operations for around €1 billion to improve its financial performance.
- This sale is part of a strategic review by CEO Alexandre Bompard to bolster the French supermarket's valuation.