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Topsports International Sees High Single-Digit Sales Decline and Store Footprint Reduction in Q3 FY2025/26

Story Highlights
  • Topsports’ total retail and wholesale sales fell high single digits year-on-year.
  • The company’s directly-operated store area shrank 13.4 percent year-on-year, signaling ongoing rationalisation.
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Topsports International Sees High Single-Digit Sales Decline and Store Footprint Reduction in Q3 FY2025/26

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Topsports International Holdings Limited ( (HK:6110) ) has issued an update.

Topsports International reported that its total retail and wholesale sales fell by a high single-digit percentage year-on-year in the third quarter of FY2025/26, reflecting softer market demand or ongoing adjustments in its sales network. As of 30 November 2025, the gross selling area of its directly-operated stores shrank by 1.3% quarter-on-quarter and 13.4% year-on-year, underscoring a continued rationalisation of its brick‑and‑mortar footprint and signalling a potential shift in its operating strategy that could affect revenue scale and the experience of consumers and downstream retail partners, with investors cautioned that the figures are unaudited and subject to change.

The most recent analyst rating on (HK:6110) stock is a Hold with a HK$3.50 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 sportswear retailer and wholesaler headquartered in Hong Kong, operating directly-operated offline stores and e-commerce channels, as well as supplying downstream retailers. The group focuses on selling branded sports apparel, footwear and related products to consumers across its physical and online networks.

Average Trading Volume: 11,627,021

Technical Sentiment Signal: Buy

Current Market Cap: HK$19.47B

For detailed information about 6110 stock, go to TipRanks’ Stock Analysis page.

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