On October 23, ANTA SPORTS recorded an Intraday Rise of 3.15% in Regular Trading, trading at HK$75.3, with turnover of HK$95.15 million.
The move followed a fresh round of supportive broker commentary after the company disclosed third-quarter retail sales, with institutions maintaining positive views and saying the fourth quarter started steadily while the full-year target remained unchanged.
According to the disclosed operating data, third-quarter retail sales for the ANTA brand showed mid-single-digit negative growth year over year, while FILA posted low-single-digit negative growth; all other brands grew 25% to 30%. Broker notes highlighted that full-year retail sales are still expected to deliver double-digit growth, while inventory and discount indicators were broadly stable or improved in parts of the portfolio, helping ease market concerns over the softer third-quarter brand performance.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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