ANTA Sports Products Ltd
02020: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %>Q | LOCK|!KTy< | LOCK|jNvh>X |
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.
