XTEP International Reports First-Half Retail Sales Decline for Core Brand

Stock News07-17 12:56

XTEP INT'L (01368) has announced its financial performance for the second quarter of 2026. During this period, the retail sales growth for the company's core XTEP brand, encompassing both online and offline channels, recorded a mid-single-digit percentage decline year-on-year. The average retail discount level for the brand stood at 70% to 75% of the original price.

In contrast, the retail sales for the Saucony brand, also including all sales channels, achieved a low single-digit percentage increase compared to the same period last year.

For the six-month period ending June 30, 2026, the core XTEP brand's retail sales growth registered a low single-digit percentage year-on-year decrease. The inventory turnover across its sales channels was approximately four and a half to five months.

Meanwhile, the Saucony brand's retail sales demonstrated stronger performance, achieving a low double-digit percentage year-on-year growth over the same half-year timeframe.

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