Shenzhou Intl (2313 HK):  Nike's Inventories Declined By 10% Yoy in 1Q24

1k Views29 Sep 2023 11:29
Shenzhou (2313 HK)'s largest customer (30% of sales), Nike, reported better than expected 1Q24 results, with inventories declining by 10% yoy.
Boomeranged on Fri, 3 Nov 2023 10:03
Note the strong share price momentum. Shenzhou (2313 HK) remains the best proxy for gaining exposure to the global sportswear sector.
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Steve Zhou, CFA
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Consumer Discretionary & Consumer StaplesEquity Bottom-UpThematic (Sector/Industry)
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