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Topsports International Holdings Limited ( (HK:6110) ) just unveiled an announcement.
Topsports International Holdings Limited reported a mid-single-digit decline in total sales for the first quarter of FY2025/26, with a notable decrease in the gross selling area of directly-operated stores by 1.3% from the previous quarter and 12.3% year-on-year. This operational update highlights challenges in both retail and wholesale operations, suggesting potential impacts on the company’s market positioning and financial performance.
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, primarily engaged in the retail and wholesale of sportswear and related products. The company operates through both directly-operated stores and e-commerce platforms, serving a broad market with a focus on consumer transactions.
Average Trading Volume: 24,866,872
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$17.43B
See more insights into 6110 stock on TipRanks’ Stock Analysis page.