安踏体育(2020.HK):Q1部分品牌流水超预期 收购狼爪多品牌行稳致远

格隆汇
13 Apr

机构:华源证券研究员:丁一集团各品牌Q1 流水稳健,FILA 经营表现向好。公司发布2025 年一季度最新营运表现,按品牌拆分,安踏品牌25Q1 流水同比录得高单位数正增长,经营依然稳健;FILA 品牌25Q1 流水同比录得高单位数正增长,经营状况延续24Q4 的改善趋势;所有其他品牌25Q1 流水同比录得65-70%的正增长,在户外运动行业高景气下仍延续高增态势。收购狼爪夯实集团多品牌经营策略。...

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