By  on November 8, 2013

BERLIN — Puma cut its full-year guidance Thursday, in view of anticipated one-off, mainly non-cash charges of about 130 million euros, or $174.3 million at current exchange, to be booked in the fourth quarter. The sportswear brand now expects net earnings for the year to be positive, but significantly below those of 2012, as opposed to its previous forecast of a net increase.

 

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