ANTA Sports Products (2020) Q4 2024 earnings summary

Executive summary

• ANTA and FILA brands achieved high single-digit retail sales growth in Q4 2024 compared to Q4 2023.

• All other brands (excluding new additions post-Jan 2023) saw 50-55% retail sales growth in Q4 2024 year-over-year.

• For the full year 2024, ANTA brand retail sales grew at a high single-digit rate, FILA at a mid-single-digit rate, and all other brands at 40-45% compared to 2023.

Segment performance

• ANTA brand: High single-digit retail sales growth in both Q4 and full year 2024 year-over-year.

• FILA brand: High single-digit growth in Q4 and mid-single-digit growth for the full year 2024 year-over-year.

• Other brands (excluding new additions): 50-55% growth in Q4 and 40-45% for the full year 2024 year-over-year.

Significant events and developments

• Retail sales figures include both offline and online channels, covering stores owned by the group and its distributors/franchisees.

• Retail sales are operational indicators and do not represent total group revenue.