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XTEP INT'L Trims Full-yr Revenue Guidance to LSD YoY Decline, Reiterates NPM Seen at HSD Level
2026-08-25 15:18:57
XTEP INT'L (01368.HK) CFO Dona Ding said uncertainties linger in the macro environment in 2H, and based on performance since 3Q, the company expected to continue facing certain operating pressure for the full year. As a result, it lowered its full-year guidance, with revenue now expected to record a low single-digit YoY decline, compared with previous guidance for mid-single-digit YoY growth.

Among its brands, professional sports brand Saucony is foreseen to record around 10% revenue growth. The group reiterated its outlook for overall net profit margin to remain at a high single-digit level, while operating profit margin in 2H will face relatively greater pressure.
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