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What happened to Topsports? The company's stock price has plummeted nearly 20% and continues to hit new lows.
How is the mid-term performance forecast of topsports? What are the institutions' views on the follow-up?
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Express News | China Dongxiang - Net Decrease of 9 Kappa-Branded Stores in June Qtr
China Dongxiang (03818. HK): The first quarter retail revenue of Kappa brand stores recorded a low single-digit decline year-on-year.
On July 19th, Gelunhui announced that during the first quarter of the three months ended on June 30, 2024 (the "first quarter of the 2024/25 fiscal year"), the retail revenue of the Kappa brand stores in the group recorded a low-to-mid single-digit decline year-on-year. In the first quarter of the 2024/25 fiscal year, calculated based on the Kappa brand stores that had already been put into operation in the same quarter last year, the same-store sales recorded a mid-single-digit decline year-on-year.
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