XTEP INT'L(01368): XTEP's main brand retail sales will achieve a low single-digit year-on-year growth in 2025.
Xtep International (01368) announced the operating performance of its mainland China business in the fourth quarter and full year of 2025. For the three months ended December 31, 2025, retail sales of Xtep's main brand (including online and offline channels) remained flat year-on-year, with retail discounts ranging from 70% to 75%; retail sales of Saucony (including online and offline channels) achieved a year-on-year growth of over 30%.
XTEP INT'L (01368) China Mainland business operations for the fourth quarter and full year of 2025, as of December 31, 2025, the retail sales of the Xtep main brand (including the Wuxi Online Offline Communication Information Technology Co., Ltd. channel) remained steady compared to the previous year, with retail discounts ranging from 30% to 35%; Saucony retail sales (including the Wuxi Online Offline Communication Information Technology Co., Ltd. channel) achieved over 30% year-on-year growth.
For the full year ending December 31, 2025, Xtep's main brand retail sales (including the Wuxi Online Offline Communication Information Technology Co., Ltd. channel) achieved low single-digit year-on-year growth, with channel inventory turnover of approximately four and a half months; Saucony retail sales (including the Wuxi Online Offline Communication Information Technology Co., Ltd. channel) achieved over 30% year-on-year growth.
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