Analysts Conflicted on These Consumer Cyclical Names: Koninklijke Ahold Delhaize N.V. (GB:0RI8), Sa Sa International Holdings Limited (HK:0178) and Adidas AG (GB:0OLD)

TipRanksApr 17 17:04

Bank Ratings | Jefferies: Target price of HK$2 for Sa Sha Sa International FY2024 sales are in line with expectations

Glonghui, April 16 | Jeffrey said that Sa Sa Sa International's sales for the 2024 fiscal year are in line with this forecast. Hong Kong sales fell 6% below expectations, but were offset by better performance in other markets. Jefferies believes that part of Hong Kong's fourth quarter results fell short of expectations because the base for the same period last year was higher and the normalization after Covid-19 was earlier than expected. Furthermore, changes in the consumption patterns of Hong Kong residents have also played a role. Overall sales of Sa Sa Sa International fell 4% to HK$1 billion. Hong Kong and Macau sales fell 7.7% to HK$801 million, mainly due to the high base effect and consumption of Hong Kong people moving north. Plus, benefit from online

Gelonghui FinanceApr 16 17:26

Jefferies: Target price of HK$2 for the “buy” rating for Sa Sa Sa International (00178)

According to Jefferies, Sa Sa Sa International Hong Kong's fourth quarter results fell short of expectations.

Zhitong FinanceApr 16 14:12

Hong Kong people go north, consumption rises, and offline sales at Windsor International (00178) get cold

The Zhitong Finance App learned that on April 15, the stock price of Sa Sa Sa International (00178) suffered a severe drop. By the close, it had fallen by more than 9% to HK$0.7 per share. After the market on Friday, Sa Sa Sa International announced that for the fourth quarter from January 1 to March 31, 2024, the Group's turnover fell 4.1% year on year to HK$1,041 million. Among them, the Group's offline sales fell 8.7% to HK$864.7 million, while the Group's online sales increased 27.1% to HK$176.2 million, accounting for 16.9% of total turnover. During the reporting period, offline sales and same-store sales in the Hong Kong and Macau Special Administrative Regions were respectively lower compared to the same period

Zhitong FinanceApr 15 21:22

Sa Sa International's Turnover Drops 4.1% in Q1

Sa Sa International Holdings (HKG:0178) total turnover dropped 4.1% to HK$1.04 billion in the first quarter of 2024, compared with the year-ago quarter, according to a Friday filing on the Hong Kong b

MT NewswiresApr 15 15:50

Changes in Hong Kong stocks | Salsa International (00178.HK) fell more than 7%, and its turnover in the previous March fell 4.1% year on year to HK$1,041 million

Salsa International (00178.HK) fell by more than 7%. As of press release, it was down 7.79% to HK$0.71, with a turnover of HK$2.157 million.

Zhitong FinanceApr 15 09:55