Xtep International Holdings (HK:1368) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Xtep International Holdings Limited reports a 10% year-on-year growth in retail sell-through for the second quarter of 2024 and a high single-digit growth for the first half of the year across both offline and online channels. Despite a consistent retail discount level of around 25%, the company achieved a channel inventory turnover of approximately 4 months. Shareholders and potential investors are cautioned to consider that the financial figures are based on unaudited operational data.
For further insights into HK:1368 stock, check out TipRanks’ Stock Analysis page.