Changes in Hong Kong stocks | Anta Sports (02020) rose more than 5%, management expects retail sales to improve month-on-month in the fourth quarter, and the full year guidance is still expected to be achieved

The Zhitong Finance App learned that Anta Sports (02020) rose by more than 5%. As of press release, it had risen 4.55% to HK$74.7, with a turnover of HK$587 million.

According to the news, Citi recently reported that in the third quarter, retail sales of other Anta Sports brands increased 25% to 30% year-on-year, higher than the bank's original forecast of 20% to 25%. Citi pointed out that retail sales gradually improved from October 1 to 7 compared to the third quarter. Among them, Anta grew by a single digit year over year, FILA grew by a lower double digit, and other brands grew by more than 20%. Management maintains guidance for the full year of 2026 and expects retail sales to improve in the fourth quarter compared to the third quarter.

Changjiang Securities believes that the overall performance of Anta Sports in October is expected to be excellent. Considering the full layout of Double Eleven and the early Spring Festival, which is expected to drive forward sales, the full-year guidelines are still expected to be achieved. In the medium to long term, Anta and FILA brands are expected to maintain steady growth. Brands such as Descente and Kolon will maintain differentiated operation capabilities and strong competitiveness, and the reshaping of Wolf Claw and Puma is showing results, and the global development strategy is still clear.