ANTA Sports Products Ltd

02020: XHKG (HKG)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Anta Sports Earnings: Calendar Drives Sales Acceleration; Thesis, Valuation Unchanged; Shares Cheap

Anta Sports delivered sequentially accelerating retail sales growth in the first quarter. The Anta brand grew at a high-single-digit rate, Fila posted low-teens growth, and other brands (mainly Descente and Kolon) grew 40%-45%. Full-year 2026 guidance is unchanged.

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