TOPSPORTS reports low-teens sales contraction and 11.2% store-area cut in Q1 FY2026/27 update

Bulletin Express
06/25

TOPSPORTS International Holdings Limited released an unaudited operational update for the first quarter of FY2026/27 (1 Mar – 31 May 2026), indicating that combined retail and wholesale sales recorded a “low-teens” year-on-year decline.

\n\nAs of 31 May 2026, the gross selling area of the Group’s directly-operated stores fell 2.90% from the preceding quarter and 11.20% versus the prior-year period, underlining the company’s ongoing network rationalisation.

\n\nManagement noted that the disclosed figures reflect preliminary operating data and have not been audited or reviewed by external auditors.

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