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2023-10-21 02:07:57 ET Summary Global sportswear leaders are compounders with ROICs and I believe Anta can follow in their footsteps in the China market. The China sportswear industry is attractive to due to its huge growth runway, nationalism drive and supportive government polic...
2023-04-25 02:20:00 ET Summary 361 Degrees recorded low double-digit revenue growth for its core branded products in the first quarter, far outpacing the previous quarter. The sportswear company’s gross margin is expected to rebound this year, after falling last year during...
Summary 361 Degrees’ core branded product sale were flat in the fourth quarter, while its kids-branded products recorded single-digit gains and e-commerce grew 25%. The company’s share performance and P/E ratio significantly lag behind larger peers Li Ning, Anta, Xtep and ...
361 Degrees forecasts ‘low teens’ revenue growth in the third quarter, slowing from the first half of the year. Company’s shares have risen sharply this year on a broader sector rally, but are still undervalued compared to peers. But even after the rally, 361 ...