智通财经APP获悉,野村发布研究报告称,将特步国际(01368)目标价由7.1港元,调高5.6%至7.5港元,维持“买入”评级。
报告中称,特步在2024年第4季恢复销售势头。该公司公布2024年第4季营运数据:特步品牌呈现一定的复苏势头,第4季销售额录得同比高单位数增长,较第3季的中单位数增长快;因此,特步2024年全年销售额同比实现高单位数增长。库存周转仍旧维持4个月的健康水平。
不过,该行称,特步第4季零售折扣幅度扩大至25-30%,这意味着该公司在过去一个季度努力推动销售。同时,旗下品牌Saucony的销售动能在第4季保持快速,同比增约50%,但较第3季同比高于50%增长略为减慢;2024年全年,Saucony销售额同比增60%以上,成为势头强劲的新兴品牌。
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