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27.02.26 - 22:48
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Top Nike Distributor Sounds Profit Alarm As BNP Says China Remains "Red Flag" (ZeroHedge)
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Top Nike Distributor Sounds Profit Alarm As BNP Says China Remains "Red Flag"
Nike has reported declining quarterly sales in China, where demand remains under pressure from mounting macroeconomic headwinds, and the brand continues to lose market share to newer competitors. This weakness has dented the shoemaker's broader turnaround efforts and suggests a much-needed reset in the Chinese market.
The stock is down 65% from its 2021 peak and is now trading at 2017 levels, as investors hope management will accelerate a turnaround plan to reverse this devastating multi-year bear market. However, a profit warning from a major distribution channel and commentary from BNP Paribas analyst Laurent Vasilescu only suggest more trouble ahead.
On Friday, Pou Sheng, a major distribution and retail channel for Nike in Greater China, warned that its 2025 attributable profit will likely plunge 57% year over year to RMB 211 million, while revenue is expected to decline 7.2% to RMB 17.1 billion.
Management blame...
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10.12.25 - 10:45
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POU SHENG INTL Nov Net Consolidated Operating Revenue Dips 5.1% YoY (AAStocks)
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POU SHENG INT'L (03813.HK) announced that in November 2025, the net consolidated operating revenue amounted to approximately RMB1.172 billion, representing a YoY decrease of 5.1%. For the first eleven months of this year, the net consolidated accumulative operating revenue was approximately RMB15.784 billion, down 6.8% YoY.~......
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10.11.25 - 10:45
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POU SHENG INT'L Oct Net Consolidated Operating Revenue Slips 0.7% YoY (AAStocks)
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POU SHENG INT'L (03813.HK) announced that its net consolidated operating revenue slipped by 0.7% YoY to around RMB1.709 billion in October 2025.For 10M25, the company's net consolidated accumulative operating revenue also dropped by 7% YoY to around RMB14.612 billion.~AAStocks Financial NewsWeb Site: www.aastocks.com...
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29.07.25 - 11:00
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Warning: POU SHENG INT'L Foresees Interim Profit to Plunge 44.1% (AAStocks)
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POU SHENG INT'L (03813.HK) announced that its revenue/ profit attributable to its owners for the six months ended June 30, 2025, are expected to plunge by around 8.3%/ 44.1% YoY to around RMB9.159 billion/ RMB188 million.The group said that it faced a highly dynamic consumption landscape characterized by weak foot traffic an......
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10.06.25 - 11:30
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POU SHENG INT'L May Consolidated Operating Rev. Slips 3.3% YoY to RMB1.497B (AAStocks)
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POU SHENG INT'L (03813.HK) announced that its net consolidated operating revenue for May 2025 amounted to RMB1.497 billion, down 3.3% from RMB1.548 billion in the same period last year.For 5M25, the company's net consolidated accumulative operating revenue was RMB7.978 billion, down 6.9% from RMB8.571 billion in the same......
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