《大行》交银国际：李宁(02331.HK)首季度符合指引但各品类表现分化

阿斯达克财经04-24

交银国际发表报告指，李宁(02331.HK) 首季零售额整体低单位数增长，符合预期。线上销售季内出现良好复苏，而线下销售弱于预期，线下折扣和渠道库存均有改善。报告指，李宁管理层重申了之前的全年财务指引，即收入按年增长中单位数，净利润率为低双位数。这一增长指引可能过于保守，因为首季营运情况不错，而第四季又面临低基数，但该行认为净利润率有风险，原因包括由于奥运会，今年营销费用可能会更高，接近10%；...

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《大行》交银国际：李宁(02331.HK)首季度符合指引 但各品类表现分化

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《大行》交银国际：李宁(02331.HK)首季度符合指引但各品类表现分化