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Topsports International Holdings Limited ( (HK:6110) ) has provided an announcement.
Topsports International Holdings Limited reported a mid-single-digit decline in total sales for its retail and wholesale operations in the fourth quarter of FY2024/25. The gross selling area of directly-operated stores decreased by 8.0% from the previous quarter and by 12.4% year-on-year, indicating a contraction in physical retail space. This operational update suggests challenges in maintaining sales growth and store presence, potentially impacting the company’s market positioning and stakeholder interests.
The most recent analyst rating on (HK:6110) stock is a Hold with a HK$2.55 price target. To see the full list of analyst forecasts on Topsports International Holdings Limited stock, see the HK:6110 Stock Forecast page.
More about Topsports International Holdings Limited
Topsports International Holdings Limited is a company incorporated in the Cayman Islands, operating in the retail and wholesale sectors. It focuses on selling consumer products through directly-operated stores and e-commerce platforms, as well as wholesale operations with downstream retailers.
Average Trading Volume: 31,483,247
Technical Sentiment Signal: Sell
Current Market Cap: HK$20.34B
Find detailed analytics on 6110 stock on TipRanks’ Stock Analysis page.