ANTA Sports Products (HK:2020) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
ANTA Sports Products Limited has reported a positive performance in retail sales for the second quarter and first half of 2024, with ANTA brand experiencing high to mid-single digit growth and FILA brand achieving mid to high-single digit growth compared to the same periods in 2023. Remarkably, other brands within the group saw a significant 35-45% surge in retail sales, excluding any brands added after January 1, 2023. This operational update, which is based on preliminary unaudited data, does not represent the group’s total revenue but serves as an indicator of business health, and the company cautions shareholders and investors to exercise prudence when trading its securities.
For further insights into HK:2020 stock, check out TipRanks’ Stock Analysis page.
