361 DEGREES (01361) saw its shares rise more than 4% during the trading session. At the time of writing, the stock was up 3.32%, trading at HK$7.15 with a turnover of HK$192 million.

The company recently disclosed its retail data for the first quarter of 2026 for its main product lines. Zhongtai International pointed out that, despite a high base of 35%-40% online growth in the first quarter of 2025, the company still achieved a year-on-year increase of 14%-16% in online sales for the same period this year, exceeding market expectations. The online channel is directly operated, with a stable discount rate of 40%-45%, and approximately 85% of the products sold online are exclusive to that channel. By the end of the first quarter, the number of super product stores had increased to 142, becoming a major driver for boosting sales. The institution believes that, building on the better-than-expected sales growth in the first quarter, the company is well-positioned to drive sustained profit growth in the future by strengthening its core segments in basketball and running, actively capturing growth opportunities in the outdoor category, and accelerating its overseas expansion policy.