ASICS Corp

7936: XTKS (JPN)
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Asics Earnings: Strong Growth Keeps Expectations Elevated; Raising Fair Value by 8.5%

Asics' constant-currency sales grew by 22% in the first half, driven by strong demand for the Sportstyle category in North America and Europe. Management raised its full-year sales forecasts by 10.5% to JPY 1.05 trillion and plans to expand its walking category globally starting in the second half.

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