0311 GMT - Anta Sports Products' 2026 earnings are likely to be flattish, excluding contribution from Amer Sports, its subsidiary listed in the U.S., say Nomura analysts Jizhou Dong and Summer Qian in a note. This is despite the analysts raising their revenue and earnings projections over 2026-2027 by around 2.0%-4.0% to factor in the Chinese sportswear maker's marginally better-than-expected 2025 revenue. They say Anta will focus on protecting the market share of its two major brands this year, while nurturing new growth opportunities, such as opening more stores, for its other brands. Anta's Puma deal could be a potential game changer as it adds a meaningful growth driver, they add. Nomura raises its target price to HK$125.00 from HK$116.30 and maintains a buy rating. Shares rise 0.4% to HK$76.05. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
March 25, 2026 23:11 ET (03:11 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments