ANTA Sports Products Limited Goes Ex Dividend Tomorrow

Seeking AlphaSep 9 09:52 ET

Taikoo Li and SKP are competing for FILA.

The sporty fashion trend is becoming even stronger.

wallstreetcnAug 29 07:34 ET

Canceling the plan to repurchase billions, Anta believes that it is undervalued.

Shareholder return.

wallstreetcnAug 27 08:03 ET

Anta's revenue in the first half of the year increased by 13.8% year-on-year, and net income increased by 62.6%. It plans to use up to 10 billion Hong Kong dollars for share buybacks | Financial report notes.

Benefiting from the Olympic year's sports consumer trend and the rapid expansion of affiliated companies, Anta presented a bright spot in the semi-annual report: net income increased by 62.6% year-on-year, and revenue also achieved a significant double-digit percentage growth.

wallstreetcnAug 27 05:42 ET

In the first half of the year, the revenue was 7.203 billion yuan. Ding Shuibao, CEO of Xtep International, stated that the company is focusing on the running business and has plans to expand overseas. This was reported in the earnings conference.

In the first half of this year, Xtep announced the strategic sale of its fashion sports business of GSW and Palladin brands, and focused resources on running business, increasing investment in Saucony brand. This move is regarded as an important adjustment to Xtep's global strategy. Xtep's e-commerce revenue recorded growth of over 20% in the first half of this year, with retail sales on Douyin, D2C, and WeChat Video increasing by more than 80% year-on-year.

cls.cnAug 20 09:49 ET

Li Ning has held steady during the sports season.

Footwear business contributes the most.

wallstreetcnAug 20 02:25 ET