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50611 HS#HSI RC2303B (R BULL)
RT Nominal unchange0.113 0.000 (0.000%)

25/10/2021 17:45

Li Ning (02331) 3Q same-store-sales increase

[ET Net News Agency, 25 October 2021] Li Ning Company Limited (02331) said for the
third quarter ended 30 September 2021, in respect of LI-NING POS (excluding LI-NING YOUNG)
which have been in operation since the beginning of the same quarter last year, the
same-store-sales for the overall platform registered a high-twenties increase on a
year-on-year basis. In terms of channels, retail (direct operation) channel registered a
low-thirties increase and wholesale (franchised distributors) channel registered a
mid-twenties increase; while the e-commerce virtual stores business registered a
mid-thirties growth on a year-on-year basis.
For the third quarter ended 30 September 2021, the retail sell-through of LI-NING POS
(exclude LI-NING YOUNG) for the overall platform increased by low-forties on a
year-on-year basis. In terms of channels, offline channel (include retail and wholesale)
registered a high-thirties growth, with retail increased by mid-thirties and wholesale
increased by high-thirties; the e-commerce virtual stores business registered a
mid-fifties growth. (RC)

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