Henkel AG reported its fiscal year 2024 earnings, with adjusted EPS of €5.36, exceeding estimates of €5.32. Sales reached €21.59 billion, slightly below the €21.61 billion estimate, while adjusted EBIT stood at €3.09 billion, marginally under the €3.11 billion forecast. The company achieved an adjusted EBIT margin of 14.3%, compared to the 14.4% estimate, and projects an adjusted EBIT margin of 14% to 15.5% for 2025. Henkel also foresees continued sales growth in 2025. Shares of Henkel declined after issuing weaker-than-expected sales growth guidance for 2025, citing soft consumer sentiment in North America. Puma SE announced plans to cut 500 jobs globally, including 150 at its headquarters, as part of a cost-reduction program following disappointing sales forecasts for 2025. The company expects one-time costs of up to €75 million in 2025 and has set an adjusted EBIT target of €520 million to €600 million for the year, excluding these costs. Puma's Q4 2024 earnings showed sales of €2.29 billion and EBIT of €109 million, both meeting estimates. The restructuring efforts aim to improve profitability amid competition from Adidas, Nike, and emerging brands like On Running and Hoka.