安踏体育(02020.HK)：24Q1零售流水表现符合预期 FILA品牌延续高质量增长

山西证券04-19

事件描述公司发布24Q1 经营数据。24Q1，安踏品牌零售流水同比增长中单位数，FILA 品牌零售流水同比增长高单位数，所有其它品牌零售流水同比增长25%-30%。事件点评安踏品牌线上零售折扣改善，1 季度完成度符合公司预期。24Q1，安踏品牌零售流水同比增长中单位数，预计线上渠道表现好于线下，线上渠道增长预计超过20%（23Q1线上渠道以库存产品销售为主，同比略有下滑）。截至24Q1 末，安踏...

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