Topsports posts low-teens sales decline in Q2 FY26/27; gross store area down 12.9% YoY

Bulletin Express10-28

Topsports International Holdings Limited released an unaudited operational update for the three months ended 31 August 2026 (Q2 FY26/27).

Total sales from combined retail and wholesale operations fell by a “low-teens” percentage year-on-year, reflecting softer consumer demand across both offline and e-commerce channels as well as wholesale distribution.

Store rationalisation continued. As at 31 August 2026, the gross selling area of directly-operated outlets contracted 5.2% versus the previous quarter-end and 12.9% year-on-year.

Management emphasised that all figures are unaudited and may be adjusted. Shareholders and potential investors were advised to exercise caution when dealing in the company’s securities.

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