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Nike's Expected Sales Fall Not a Sign of Wider Industry Headwinds -- Market Talk
Nike Rallies as Investors Bet on Earlier Signs of a Turnaround Under Its New CEO
Guosen: Maintains TOPSPORTS 'Outperform Market' rating, with a reasonable valuation of 3.8-4 Hong Kong dollars.
Guosen released a research report stating that it maintains the profit forecast for TOPSPORTS (06110), expecting Net income for the fiscal years 2025 to 2027 to be 1.44/1.79/1.92 billion yuan, a year-on-year change of -35.1%/+24.5%/+7.6%. The reasonable valuation Range is 3.8-4 Hong Kong dollars, maintaining the 'outperform the market' rating. In the third quarter of the fiscal year 2025, the total sales amount of the group's retail and wholesale Business recorded a mid-single-digit decline year-on-year. As of November 30, 2024, the gross sales area of directly-operated stores decreased by 2.1% compared to the end of the previous quarter and decreased by 4.4% compared to the same period last year.
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Express News | Anhui Anli Material Technology: Collaborating with Adidas, the product is in the development verification stage.
Adidas AG's (ETR:ADS) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
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