XTEP INT'L (01368) announced its interim results, with a profit attributable to shareholders of 818 million yuan, a year-on-year decrease of 10.47%.

XTEP INT'L (01368) announced its interim results for the year 2026, reporting revenue of RMB 6.795 billion, a decrease of 0.62% year-on-year; the profit attributable to equity holders of ordinary shares was RMB 818 million, a decline of 10.47%; the basic earnings per share were 30.02 cents; and a mid-term dividend of HKD 0.18 per share is proposed. The announcement stated that the revenue from the main Xtep brand experienced a slight decline of 2.2% to RMB 5.92 billion, while the professional sports segment saw a remarkable growth of 11.4%, reaching RMB 875 million. Revenue from overseas operations achieved a year-on-year increase of more than double, benefitting from the strong momentum in cross-border e-commerce and the strategic layout of opening new flagship stores in Southeast Asian markets. The gross profit margin increased by 1.4 percentage points to 46.4%, driven by the enhancement of the Xtep brand's brand power and Saucony's ongoing high-end strategy. As of June 30, 2026, the group had a total of 6,308 adult Xtep stores and 1,455 youth Xtep stores in China and overseas. Saucony has a total of 180 stores in China.