中信证券：维持滔搏(06110)“增持”评级目标价3.5港元

智通财经2025-12-26

智通财经APP获悉，中信证券发布研报称，FY3Q26滔搏(06110)销售金额同比下滑高单位数(对应2年/3年CAGR-6%/-1%)，单季度全渠道折扣同比略有加深但环比降幅收窄，库存&库龄结构持续改善。公司下调全年指引，原指引中全年净利润同比持平的目标达成存在压力，可能出现小幅偏差。短期来看，行业客流表现偏弱，全渠道折扣&销售存在压力。中长期来看，随着行业库存健康度的回升、Nike等主力品牌销售...

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中信证券：维持滔搏(06110)“增持”评级 目标价3.5港元

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中信证券：维持滔搏(06110)“增持”评级目标价3.5港元