Xtep International Announces Board Meeting for Annual Results Review

TipRanksJan 22 06:37 ET

XTEP INT'L (01368.HK) will hold a Board of Directors meeting on March 18 to approve the annual performance.

Gelonghui reported on January 22 that XTEP INT'L (01368.HK) announced that the Board of Directors meeting will be held on March 18, 2025, aimed at (including) reviewing and approving the audited annual performance of the company and its subsidiaries for the year ending December 31, 2024, and its publication, as well as considering the distribution of the final dividend (if any).

Gelonghui FinanceJan 22 06:34 ET

XTEP INT'L: NOTIFICATION OF BOARD MEETING

HKEXJan 22 06:29 ET · Announcements

Is Xtep International Holdings Limited (HKG:1368) Trading At A 35% Discount?

Simply Wall StJan 18 19:23 ET

[Brokerage Focus] Open Source Securities maintains a "Buy" rating on XTEP INT'L (01368), expecting brand momentum to sustain high growth in revenue.

Jingwu Finance | According to the research report from K yp Securities, XTEP INT'L (01368) is expected to see significant single-digit growth in revenue for Q4 2024, with e-commerce outperforming offline sales and children's products outperforming adults. E-commerce is projected to grow over 20%, while offline sales show slight growth and children’s revenue shows double-digit growth. Looking at the quarterly revenue for 2024, high single-digit growth is expected for high-end and mid-range products. It is anticipated that the growth of functional running shoes will be around 30% in 2024, driving overall revenue growth in the high single digits. The report indicates that Saucony is focusing on the elite crowd, maintaining rapid growth and gradually becoming the second growth curve driving the group's income, with Q4 recording over 50% revenue growth across all channels.

Jingwu Financial NewsJan 14 01:10 ET

【Brokerage Focus】SWHY maintains a Buy rating for XTEP INT'L (01368) and expects that in the next five years, Saucony will become an important engine for growth.

Gold Investment News | SWHY issued a research report indicating that XTEP INT'L (01368) is expected to achieve high single-digit growth in total channel sales for its main brand in Q4 2024 and for the entire year. Functional running shoes have become the key driver of growth for the main brand, with a projected increase of about 30% in 2024. Saucony's total channel growth is approximately 50% in Q4 2024, with annual growth exceeding 60%, continuing its impressive performance. The report indicates that the inventory turnover ratio for XTEP INT'L's main brand is about 4 months, which remains at a healthy level. The discount rate for the main brand in Q4 is 70-75%, slightly deepened compared to the previous quarter due to promotional activities such as the Golden Week and Singles' Day Sales; however, there is still improvement compared to the same period in 2023.

Jinwu Finance NewsJan 13 02:39 ET