Xtep International Holdings (HK:1368) has released an update.
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Xtep International Holdings Limited reports a 10% year-on-year growth in retail sell-through for the second quarter of 2024 and a high single-digit growth for the first half of the year across both offline and online channels. Despite a consistent retail discount level of around 25%, the company achieved a channel inventory turnover of approximately 4 months. Shareholders and potential investors are cautioned to consider that the financial figures are based on unaudited operational data.
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