Weekly Recap: StoneX Hold initiation and wholesale reset hit Q2 sales
PUMA SE (XETR:PUM) said Q2 sales were weighed down by a wholesale reset and inventory clearance even as inventories fell 15.3% YoY to €1.82B and StoneX started coverage at Hold; the group signed a global fragrance deal through 2037 and closed at €22.75 amid a mid—cycle Article 40 voting notice.Prev…