Puma, Adidas gain on Deckers read-across
** Shares in Puma PUMG.DE and Adidas ADSGn.DE rise both around 2% ** A local trader points to a read-across from U.S. peer Deckers Outdoor DECK.N, which forecast annual sales and profit above Wall Street estimates on Thursday ** Puma shares are up 25% YTD, Adidas down 9% YTD (Reporting by Paolo Laudani in Gdansk) ((Paolo.laudani@thomsonreuters.com))
Recent news on Deckers Outdoor
See all newsCorrected: UGG boot maker loses US patent trial over Quince 'dupes'
U.S. RESEARCH ROUNDUP-Apollo, Phillips 66, Valero Energy
Puma, Adidas gain on Deckers read-across
Hoka-owner Deckers provides upbeat annual outlook on resilient demand
Deckers Outdoor tops Q4 revenue estimates fueled by boost in HOKA and UGG sales