361度(1361.HK):二季度稳健增长 超品店加速开店

华西证券
Jul 14, 2025

事件概述公司公告2025Q2 运营数据:361 度主品牌零售流水同比增长约10%,361 度童装品牌零售流水同比增长约10%,361 度电商平台零售流水同比增长约20%。分析判断:根据公司公告,361 度25Q2 线下、线上增速环比24Q1 有所放缓。分渠道来看,1)25Q1 主品牌、儿童线下流水增速环比较25Q1 略有放缓(25Q1 主品牌/童装零售流水同比增长约10%-15%/10%-15%)...

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