The Zhitong Finance App learned that sporting goods stocks are recovering collectively. As of press release, Taobo (06110) rose 7.45% to HK$1.01; 361 (01361) rose 3.66% to HK$4.82; Anta Sports (02020) rose 3.36% to HK$75.45; and Li Ning (02331) rose 3.21% to HK$12.85.

According to the news, Adidas announced its third quarter results. During the period, the company achieved global revenue of 7.252 billion euros, up 9% year on year; operating profit of 1,008 billion euros, up 37% year on year; and gross margin increased 2.5 percentage points year on year to 54.3% year on year. The company raised its annual profit guide at the same time. It is expected that the operating profit guideline for the full year 2026 will be raised from 2.3 billion euros to 2.5 billion euros, and the annual currency-neutral revenue growth rate is 9% to 10%.

Shen Wan Hongyuan pointed out that Anta Sports was first introduced in the sports sector. In the first half of the year, Anta and other brands all surpassed the guidelines at the beginning of the year. FILA complied with the guidelines, the integration progress of Wolf Claw exceeded expectations, and there is great potential for performance to exceed expectations, and it is expected that Davis will double hit. Anta's main brand turnover is expected to remain flat year on year in 26Q3, FILA will grow low in units, and outdoor brand groups (Descente, Colon, etc.) will continue to grow at a high rate of 30%-35%.

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