Oct 21, 2022 01:28 AM (GMT+8) · EqualOcean
Xtep International Holdings Ltd ( Chinese:特步国际,01368.HK ) announced the operating results of its mainland China business for the third quarter of 2022 on October 18, 2022. In Q3, Xtep's main brand retail sales (including online and offline channels) grew 20% to 25% year-over-year; its retail discount levels ranged from 30% to 25%; and its retail inventory turnover ranged from 4.5 months to 5 months. At the close of trading, Xtep shares were trading at HKD 8.05, up 4.55%, with a total market capitalization of HKD 21.2 billion.