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XTEP Retail Stores Increased To 7009

2010/10/6 11:28:00 86

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On October 6th, the net profit in the first half of the year increased by 22% to 373 million yuan, with an annual income of 2 billion 40 million yuan, an annual increase of 22%, a gross profit margin of 831 million yuan, an annual increase of 28%, and a gross margin of 38.6% from 40.7% to 40.7%.

In the first half of the year,

XTEP brand

Sales of footwear and clothing increased by 4.6% and 15% respectively, with an average price of 85.7 yuan and 52.5 yuan, an increase of 6.6% and 13.9%.

As at the end of June,

Retail store

7009 shops, XTEP brand accounted for 6579, exceeding the 6500 target set at the beginning of the year, a net increase of 476 compared with the end of 09, plans to increase to about 7000.

This year plans to increase 800-1000 XTEP brand specialized retail stores, and will also increase 5-8 flagship stores in the gold lots, so as to enhance the revenue growth of XTEP brand status department, mainly driven by clothing sales volume.

The company announced earlier that in August, the first quarter order meeting in Xiamen was completed in 2011. The order performance was ideal and the order amount increased by 23% annually.

Among them, the number of orders for clothing and footwear products reached double-digit growth; the average selling price of clothing products recorded double-digit growth, and the average selling price of footwear products increased.

Nike's earlier announcement that China's market revenue is better than expected has led to the holding of sporting goods shares. XTEP's stock price has rebounded since the end of July, which has broken through the short-term upward channel, and has broken through this year's high position with a big deal. At present, RSI continues to climb, and MACD reappears the "bull difference" buying signal.