Li Ning Likely to Continue Facing Soft Sales -- Market Talk

Dow Jones

01/14

0713 GMT - Li Ning is likely to continue experiencing muted sales growth in 2025, Nomura analysts write in a note as they lower the stock's target price to HK$20.30 from HK$20.90. Growth could be weighed by the Chinese sportswear company's muted store opening schedule, fierce competition within key product segments, and sluggish domestic consumption sentiment, the analysts say. They expect Li Ning to maintain 2025 sales growth in the low-single-digit percentage range. Nomura cuts its 2024-2026 sales forecast for Li Ning by 2%-7% to reflect its growth expectations for the company. The brokerage maintains a buy rating on the stock, which is up 3.1% at HK$15.12.(amanda.lee@wsj.com)

(END) Dow Jones Newswires

January 14, 2025 02:16 ET (07:16 GMT)

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Growth could be weighed by the Chinese sportswear company's muted store opening schedule, fierce competition within key product segments, and sluggish domestic consumption sentiment, the analysts say. They expect Li Ning to maintain 2025 sales growth in the low-single-digit percentage range. Nomura cuts its 2024-2026 sales forecast for Li Ning by 2%-7% to reflect its growth expectations for the company. The brokerage maintains a buy rating on the stock, which is up 3.1% at HK$15.12.(amanda.lee@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 14, 2025 02:16 ET (07:16 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Li Ning Likely to Continue Facing Soft Sales -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLi Ning Likely to Continue Facing Soft Sales -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-01-14 15:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0713 GMT - Li Ning is likely to continue experiencing muted sales growth in 2025, Nomura analysts write in a note as they lower the stock's target price to HK$20.30 from HK$20.90. Growth could be weighed by the Chinese sportswear company's muted store opening schedule, fierce competition within key product segments, and sluggish domestic consumption sentiment, the analysts say. They expect Li Ning to maintain 2025 sales growth in the low-single-digit percentage range. Nomura cuts its 2024-2026 sales forecast for Li Ning by 2%-7% to reflect its growth expectations for the company. The brokerage maintains a buy rating on the stock, which is up 3.1% at HK$15.12.(amanda.lee@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 14, 2025 02:16 ET (07:16 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02331","symbol_name":"李宁","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2503511488","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2503511488","pubTimestamp":1736838960,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0713 GMT - Li Ning is likely to continue experiencing muted sales growth in 2025, Nomura analysts write in a note as they lower the stock's target price to HK$20.30 from HK$20.90. Growth could be weighed by the Chinese sportswear company's muted store opening schedule, fierce competition within key product segments, and sluggish domestic consumption sentiment, the analysts say. They expect Li Ning to maintain 2025 sales growth in the low-single-digit percentage range. Nomura cuts its 2024-2026 sales forecast for Li Ning by 2%-7% to reflect its growth expectations for the company. The brokerage maintains a buy rating on the stock, which is up 3.1% at HK$15.12.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"02331":"李宁"},"translate_title":"李宁可能继续面临销售疲软——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02331":0.9},"content_text":"0713 GMT - Li Ning is likely to continue experiencing muted sales growth in 2025, Nomura analysts write in a note as they lower the stock's target price to HK$20.30 from HK$20.90. Growth could be weighed by the Chinese sportswear company's muted store opening schedule, fierce competition within key product segments, and sluggish domestic consumption sentiment, the analysts say. They expect Li Ning to maintain 2025 sales growth in the low-single-digit percentage range. Nomura cuts its 2024-2026 sales forecast for Li Ning by 2%-7% to reflect its growth expectations for the company. The brokerage maintains a buy rating on the stock, which is up 3.1% at HK$15.12.(amanda.lee@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 14, 2025 02:16 ET (07:16 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}