ANTA Sports (02020) Jumps Over 4% as Q3 Overall Sales Remain Solid; Institutions See Full-Year Target Still Within Reach

According to a report, ANTA Sports (02020) rose over 4%, up 3.08% as of press time to HK$75.2, with turnover of HK$248 million.

On the news front, on October 21, Anta Group released its operating data for the third quarter of 2026. During the period, the group maintained solid overall sales momentum, leveraging its mature multi-brand matrix and precise operational strategies.

According to research reports, taking the first three quarters together, the Anta brand recorded low single-digit positive growth, while the FILA brand maintained mid single-digit positive growth. The sales trends of these two major brands improved month by month in the third quarter and recorded relatively good year-on-year positive growth during the National Day holiday period.

Goldman Sachs noted that management revealed a solid start to the fourth quarter, with National Day holiday sales performing better than Goldman Sachs' channel checks, and Double 11 pre-sales broadly in line with expectations. Goldman Sachs expects that next year's Lunar New Year will come 11 days earlier than this year, further benefiting fourth-quarter sales; the group will also benefit from potential synergies from Puma in China and the favorable impact of the earlier Lunar New Year.

SPDB International believes that entering the fourth quarter, as Double 11 and Double 12 bring consumption catalysts, combined with the continued rapid growth of the outdoor matrix and the marginal recovery of the main brand and FILA, Anta's Q4 sales are expected to be better than Q3, and the full-year target still has a foundation for achievement.