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LI NING Slips 3% as 1Q25 Retail Sell-Through Logs Low Single-Digit Growth
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In 1Q25, the retail sell-through of LI NING (02331.HK)'s LI-NING POS for the overall platform increased only by low-single-digit on a YoY basis. The company's stock price was soft in early trading today (29th). It last dropped by 3% to $14.5, on a volume of 4.892 million shares, involving $71.399 million. According to LI NING's announcement, in terms of channels, offline channel registered a low-single-digit increase, with retail declined by low-single-digit and wholesale increased by a low-single-digit. The e-commerce virtual stores business also registered a low-teens growth. As at March 31, 2025, the total number of LI-NING POS in China amounted to 6,088, representing a net decrease of 29 POS since the beginning of this year. AAStocks Financial News |
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