Xtep International Holdings Limited released unaudited operational figures for the three months ended 30 September 2026, outlining mixed performance trends across its Mainland China business lines.
The Core Xtep brand recorded a mid-single-digit contraction in retail sell-through across both offline and online channels. To spur demand, average retail discounts ranged between 25% and 30% during the quarter. Channel inventory turnover stood at approximately 4.5–5 months, indicating inventory remains within a manageable range but warrants continued monitoring amid softer sales momentum.
Conversely, Saucony—one of the Group’s international performance labels—achieved mid-single-digit retail sell-through growth in the same period, highlighting ongoing brand traction despite a challenging consumer environment.
All figures are based on unaudited management data. The company cautioned shareholders and prospective investors to act prudently when dealing in Xtep shares pending audited results.
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