TOPSPORTS (06110) saw its shares soar by 5.26% during Wednesday's trading session, as investors reacted positively to the company's upcoming mid-term earnings release and its successful strategic transformation. The stock's impressive performance comes ahead of a scheduled board meeting on October 22, 2025, where the company will review and approve its unaudited mid-term results for the six months ending August 31, 2025.

The surge in TOPSPORTS' stock price can be attributed to several factors. Firstly, the company's management has emphasized a focus on "efficiency and profit prioritization" for the fiscal year 2026, aiming to maintain net profit levels while improving profit margins. This strategy, coupled with the company's high dividend yield, has mitigated downside risks and attracted investor interest. Additionally, TOPSPORTS has been actively pursuing a multi-brand strategy, particularly in the high-growth outdoor and running categories.

TOPSPORTS' strategic transformation has shown promising results, as evidenced by its recent exclusive partnership with global professional headwear and apparel brand Ciele in China. The company has also successfully integrated brands like SOAR and norda, further solidifying its position in the outdoor/running sector. Moreover, the better-than-expected performance of Salomon's footwear business under TOPSPORTS' management has validated the company's strategic shift, contributing to the positive market sentiment and the significant stock price increase.