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Nike's Expected Sales Fall Not a Sign of Wider Industry Headwinds -- Market Talk
Nike Rallies as Investors Bet on Earlier Signs of a Turnaround Under Its New CEO
Guosen: Maintains TOPSPORTS 'Outperform Market' rating, with a reasonable valuation of 3.8-4 Hong Kong dollars.
Guosen Securities released a research report stating that it maintains the profit forecast for TOPSPORTS (06110), expecting the Net income for the fiscal years 2025 to 2027 to be 1.44/1.79/1.92 billion yuan, year-on-year changes of -35.1%/+24.5%/+7.6%. The reasonable valuation Range is set at 3.8-4 HKD, maintaining an "outperform the market" rating. In the third quarter of the 2025 fiscal year, the total sales amount of the group's retail and wholesale Business recorded a single-digit decline year-on-year. As of November 30, 2024, the gross sales area of directly operated stores decreased by 2.1% compared to the end of the previous quarter, and decreased by 4.4% compared to the same period last year.
Adidas AG's (ETR:ADS) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
RBC Capital Reaffirms Their Buy Rating on Adidas AG (0OLD)
Market Chatter: Adidas Faces Second Day of Raids in EUR1 Billion Tax Investigation
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