XTEP INT'L (01368.HK) Gains Widen to 4%+ in PM, as 2Q Core Brand Retail Sales Rise 10% YoY

　　XTEP INT'L (01368.HK) +0.250 (+5.319%) Short selling $1.80M; Ratio 10.801% announced in the afternoon that its core XTEP brand saw 10% YoY sales growth in 2Q24. The stock widened its rally in the afternoon, peaking at $4.93. It last printed at $4.91, lifting 4.47%, with a volume of 3.836 million shares and a turnover of $18.5306 million.

　　The company announced that during 2Q24, the retail sell-through (including online and offline channels) of its core XTEP brand grew by 10% YoY, with a retail discount level of around 25%. As for 1H24, retail sell-through of the XTEP brand reached a high single-digit YoY growth, and channel inventory turnover was about 4 months.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-11 12:25.)

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