2025 Q4财报：耐克第三财季业绩超预期，但预计第四财季销售将出现下滑 - 老虎社区

最新新闻

04-01

耐克第三财季业绩超预期，但预计第四财季销售将出现下滑

耐克第三财季业绩超预期，但预计第四财季销售将出现下滑

03-27

比亚迪2025全年营收同比增长3.46%至8039.6亿元，全年净利润同比下降19%

比亚迪2025全年营收同比增长3.46%至8039.6亿元，全年净利润同比下降19%

03-27

迅策：2025年收入12.85亿元，同比增长103.3%，经调整净亏损5485万元

迅策：2025年收入12.85亿元，同比增长103.3%，经调整净亏损5485万元

用户讨论

04-01

真是，业绩好了，指引不好，跌。都好，预期不好，跌。

耐克第三财季业绩超预期，但预计第四财季销售将出现下滑

沧海一粟涛涛

03-25

利好出尽。不过跌得确实有点厉害

泡泡玛特：2025年拥有人应占溢利127.75亿元，同比增长308.8%

03-25

为什么会大跌

泡泡玛特：2025年拥有人应占溢利127.75亿元，同比增长308.8%

{"i18n":{"language":"zh_CN"},"financialEventData":{"themeId":"1a848e5e265147d0872d15bef61ff0d3","name":"2025 Q4财报：耐克第三财季业绩超预期，但预计第四财季销售将出现下滑","description":"汇集明星公司最新一季度业绩报告。","image":"https://static.tigerbbs.com/1201dcc0482be040348fb8d4f228bb68","type":2,"style":4,"follow":false,"createTime":1773648029703,"userCounts":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/special/finance&rndata={\"themeId\":1a848e5e265147d0872d15bef61ff0d3}&rnconfig={\"headerBarHidden\": true}","subscribe":false,"allowSubscriptionFinancial":true,"subscriberCount":700,"allowFollow":false,"hasReward":false,"rewardScore":0,"rewardValidDate":0,"rewardEnd":false,"symbols":[".SPX",".IXIC",".DJI"],"tweetCounts":3,"categoryId":"2929bb7468f5415f853fd96fb35d7c3b","options":[],"votedOptionId":"","totalUserCount":0,"followStatus":false,"themeName":"2025 Q4财报：耐克第三财季业绩超预期，但预计第四财季销售将出现下滑","tweetAmount":3,"imageIsDefault":false,"aiDerivativeIssues":[]},"news":[{"id":548745,"article_id":"1194825700","title":"耐克第三财季业绩超预期，但预计第四财季销售将出现下滑","subtitle":"","subtitle_show":0,"pub_time":1774999350139,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"NKE":2},"rights":null},{"id":542422,"article_id":"1145021602","title":"比亚迪2025全年营收同比增长3.46%至8039.6亿元，全年净利润同比下降19%","subtitle":"","subtitle_show":0,"pub_time":1774616112928,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"002594":2,"01211":2},"rights":null},{"id":541820,"article_id":"1149295325","title":"迅策：2025年收入12.85亿元，同比增长103.3%，经调整净亏损5485万元","subtitle":"","subtitle_show":0,"pub_time":1774600383166,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"03317":2},"rights":null},{"id":539633,"article_id":"1151887047","title":"巨盈变巨亏！美团2025年调整后净亏损186亿，核心本地商业经营亏损69亿","subtitle":"","subtitle_show":0,"pub_time":1774517671556,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"03690":1.5,"MPNGY":1.5},"rights":null},{"id":539437,"article_id":"1107780761","title":"中国移动2025年营收同比增长0.9%，算力成新引擎，派息率升至75%","subtitle":"","subtitle_show":0,"pub_time":1774514609685,"source_id":"lsy1762389672944","language":"zh","url":"https://wallstreetcn.com/articles/3768455","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"600941":2,"00941":2},"rights":null},{"id":535570,"article_id":"1178775023","title":"拼多多四季度营收1239.1亿元，盈利同比下滑，宣布组建“新拼姆”","subtitle":"","subtitle_show":0,"pub_time":1774434662570,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"PDD":2},"rights":null},{"id":534648,"article_id":"1123779201","title":"快手2025营收、净利润双双创新高！可灵AI单月收入突破2000万美元","subtitle":"","subtitle_show":0,"pub_time":1774427533914,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"01024":2},"rights":null},{"id":533515,"article_id":"1149443616","title":"泡泡玛特：2025年拥有人应占溢利127.75亿元，同比增长308.8%","subtitle":"","subtitle_show":0,"pub_time":1774412786203,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"09992":2},"rights":null},{"id":529028,"article_id":"2621064268","title":"海底捞2025年营收微增1.1%，净利润承压下滑14%，外卖业务收入增超1倍","subtitle":"","subtitle_show":0,"pub_time":1774354725000,"source_id":"","language":"zh","url":"https://wallstreetcn.com/articles/3768276","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"06862":1.5},"rights":null},{"id":527159,"article_id":"1106888162","title":"小米Q4营收1169亿元，创历史新高！汽车及AI创新业务全年营收同比大增223.8%","subtitle":"","subtitle_show":0,"pub_time":1774344430441,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"01810":2,"XIACY":2},"rights":null},{"id":527861,"article_id":"1118311247","title":"禾赛：2025年营收30.3亿元，同比增长45.8%，成为行业首家全年GAAP盈利企业","subtitle":"","subtitle_show":0,"pub_time":1774341575994,"source_id":"lsy1569502830744","language":"zh","url":"https://www.leinews.com/n33002/detail.html","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"02525":1,"HSAI":1},"rights":null},{"id":526739,"article_id":"1131448530","title":"蜜雪集团 ：2025年收入335.6亿元，同比增长35.2%，年内利润59.27亿元","subtitle":"","subtitle_show":0,"pub_time":1774326019304,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"02097":2},"rights":null},{"id":519881,"article_id":"1106507911","title":"文远知行Q4营收同比增长123%，超市场预期","subtitle":"","subtitle_show":0,"pub_time":1774265199611,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"00800":2,"WRD":2},"rights":null},{"id":518636,"article_id":"1190304564","title":"药明康德：2025年营收454.56亿元，归母净利润191.95亿元","subtitle":"","subtitle_show":0,"pub_time":1774255766081,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"603259":1.5,"02359":1.5},"rights":null},{"id":520695,"article_id":"1142622152","title":"老铺黄金2025全年净利润48.68亿，同比增加230.5%","subtitle":"","subtitle_show":0,"pub_time":1774254842706,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"06181":1},"rights":null},{"id":509312,"article_id":"1158834993","title":"Gemini Space Station第四季度营收同比增长39%，超市场预期","subtitle":"","subtitle_show":0,"pub_time":1773959792118,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"GEMI":2},"rights":null},{"id":509315,"article_id":"1122328168","title":"Firefly Aerospace第四季度业绩超预期，2026全年营收指引乐观","subtitle":"","subtitle_show":0,"pub_time":1773959073463,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"FLY":2},"rights":null},{"id":509314,"article_id":"1122256801","title":"联邦快递Q3业绩超市场预期，并上调全年盈利指引","subtitle":"","subtitle_show":0,"pub_time":1773958344278,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"FDX":2},"rights":null},{"id":509313,"article_id":"1108619400","title":"阿里巴巴第三财季营收2848.4亿元，调整后净利润同比下滑67%","subtitle":"","subtitle_show":0,"pub_time":1773912889655,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"09988":2.1,"BABA":2.1,"BABO":2,"BABU":2,"BABW":2,"BABX":2,"BBYY":2,"KBAB":2},"rights":null},{"id":506429,"article_id":"1125922561","title":"老虎国际：全年收入、利润再创新高；25年净利同比增长165%；全球总客户资产达608亿美元","subtitle":"","subtitle_show":0,"pub_time":1773907203700,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"TIGR":2},"rights":null},{"id":505184,"article_id":"1184238051","title":"Red Cat Holdings第四季度营收猛增，但亏损超市场预期","subtitle":"","subtitle_show":0,"pub_time":1773873056979,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"RCAT":2},"rights":null},{"id":505182,"article_id":"1104265666","title":"DLocal第四季度营收超预期，且对2026年前景充满信心","subtitle":"","subtitle_show":0,"pub_time":1773872742138,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"DLO":2},"rights":null},{"id":505185,"article_id":"1108587994","title":"Five Below第四季度营收和利润均超预期，且业绩指引稳健","subtitle":"","subtitle_show":0,"pub_time":1773872577515,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"FIVE":2},"rights":null},{"id":505183,"article_id":"1155937341","title":"AI带动存储景气爆发！美光上季营收增近两倍，本季指引大超预期，财年支出料猛增","subtitle":"","subtitle_show":0,"pub_time":1773872079362,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"MU":2},"rights":null},{"id":503924,"article_id":"1139989661","title":"腾讯2025年Q4营收1943.7亿元同比增长13%，全年总收入达7518亿元","subtitle":"","subtitle_show":0,"pub_time":1773823223746,"source_id":"txkj","language":"zh","url":"https://news.qq.com/rain/a/20260318A061GG00","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"00700":2,"TCEHY":2},"rights":null},{"id":503383,"article_id":"1112670917","title":"中通快递Q4营收同比增长12.3%，董事会批准15亿美元股票回购计划","subtitle":"","subtitle_show":0,"pub_time":1773787156655,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"02057":2,"ZTO":2},"rights":null},{"id":503384,"article_id":"1101693744","title":"人工智能平台推动增长！DocuSign第四季度业绩超市场预期","subtitle":"","subtitle_show":0,"pub_time":1773786313456,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"DOCU":2},"rights":null},{"id":503382,"article_id":"1126180444","title":"Lululemon第四季度业绩超预期，但业绩指引疲软","subtitle":"","subtitle_show":0,"pub_time":1773785893500,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"LULU":2},"rights":null},{"id":503411,"article_id":"1103072766","title":"腾讯音乐2025年四季度总收入86.4亿元，将派发3.68亿美元现金股息","subtitle":"","subtitle_show":0,"pub_time":1773738667839,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"01698":1,"TME":1},"rights":null},{"id":501100,"article_id":"1158556049","title":"Ulta Beauty 四季度业绩喜忧参半， 2026年业绩指引中值略低于预期","subtitle":"","subtitle_show":0,"pub_time":1773356884422,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"ULTA":2},"rights":null},{"id":501105,"article_id":"1148550920","title":"Adobe第一财季业绩及指引强劲！CEO Shantanu Narayen 表示在确定继任者后将卸任","subtitle":"","subtitle_show":0,"pub_time":1773356354611,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"ADBE":2},"rights":null},{"id":501106,"article_id":"1194492390","title":"老铺黄金发盈喜：预计2025年净利润同比增长226%至233%","subtitle":"","subtitle_show":0,"pub_time":1773203146948,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"06181":1.5},"rights":null},{"id":501102,"article_id":"2618962129","title":"AI订单推动甲骨文Q3业绩超预期，云基础设施收入同比大增84%","subtitle":"","subtitle_show":0,"pub_time":1773180000000,"source_id":"stock_zhitongcaijing","language":"zh","url":"http://www.zhitongcaijing.com/content/detail/1412373.html","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"ORCL":1.98,"ORCS":0.6,"ORCU":0.6,"ORCX":0.6},"rights":null},{"id":501101,"article_id":"1120337490","title":"BioNTech SE四季度营收同比下滑，预计2026年总收入不及预期","subtitle":"","subtitle_show":0,"pub_time":1773139900755,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"BNTX":2},"rights":null},{"id":501104,"article_id":"1186981185","title":"蔚来Q4实现季度首次盈利，Q1营收指引同比增长103.4%至109.2%","subtitle":"","subtitle_show":0,"pub_time":1773138833241,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"09866":1,"NIO":1,"NIO.SI":2,"NIOG":0.6},"rights":null},{"id":501099,"article_id":"1126239342","title":"台积电2月销售额3,176.57亿元新台币，同比增加22.2％，环比减少20.8％","subtitle":"","subtitle_show":0,"pub_time":1773120711910,"source_id":"","language":"zh","url":"","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"TSM":1},"rights":null},{"id":501103,"article_id":"1173359591","title":"AI收入翻倍力挺博通上季营收创新高，本季指引也超预期，拟回购多达百亿","subtitle":"","subtitle_show":0,"pub_time":1772665328866,"source_id":"lsy1762389672944","language":"zh","url":"https://wallstreetcn.com/articles/3766751","is_publish_highlight":1,"top_time":0,"symbols_score_info":{"AVGO":2},"rights":null}],"views":[],"tweetList":[{"id":548779947517832,"gmtCreate":1775003038711,"gmtModify":1775003041442,"author":{"id":"3575112536851865","authorId":"3575112536851865","name":"Janelovesapp","avatar":"https://static.tigerbbs.com/dfc0c4630abf01f583e14b6eec8f7628","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3575112536851865","idStr":"3575112536851865"},"themes":[],"title":"","htmlText":"真是，业绩好了，指引不好，跌。都好，预期不好，跌。","listText":"真是，业绩好了，指引不好，跌。都好，预期不好，跌。","text":"真是，业绩好了，指引不好，跌。都好，预期不好，跌。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/548779947517832","repostId":"1194825700","repostType":2,"repost":{"id":"1194825700","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1774999350,"share":"https://www.laohu8.com/m/news/1194825700?lang=zh_CN&edition=full","pubTime":"2026-04-01 07:22","market":"us","language":"zh","title":"耐克第三财季业绩超预期，但预计第四财季销售将出现下滑","url":"https://stock-news.laohu8.com/highlight/detail?id=1194825700","media":"老虎资讯综合","summary":"耐克预测销售意外下滑，中国市场疲软拖累转型进程耐克周二预测第四财季销售将出现意外下滑，受中国市场持续疲软以及清理旧库存进展缓慢的影响，其股价在盘后交易中下跌逾8%，转型努力受挫。在中国市场，由于运营失误与激烈的本土竞争叠加，耐克销售额已下滑10%。Friend在财报电话会议上表示，第四季度销售预计将下降20%，并提及油价上涨及中东持续冲突带来的波动性影响。Friend还表示，耐克预计将在第四季度结束时仍存在过剩库存。","content":"<html><head></head><body><p> <a href=\"https://laohu8.com/S/NKE\">耐克</a> （Nike，NKE）周二预测第四财季销售将出现意外下滑，受中国市场持续疲软以及清理旧库存进展缓慢的影响，其股价在盘后交易中下跌逾8%，转型努力受挫。</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/807b5a49c882ec691f165ce735ff60aa\" title=\"\" tg-width=\"520\" tg-height=\"157\"/></p><p>在首席执行官Elliott Hill的领导下，耐克已减少促销活动、加强产品创新，并重新聚焦跑步等核心品类，试图在经历多年库存过剩以及北美和中国需求不均之后重塑业务。</p><p>然而，这些举措尚未见效。首席财务官Matt Friend预计当前季度销售将下降2%至4%，而根据LSEG汇编的数据，华尔街此前预计将增长1.9%。</p><p>在中国市场，由于运营失误与激烈的本土竞争叠加，耐克销售额已下滑10%。Friend在财报电话会议上表示，第四季度销售预计将下降20%，并提及油价上涨及中东持续冲突带来的波动性影响。</p><p>由于产品组合较弱，加之创新速度放缓，耐克在其第二大市场（占年度销售约15%）表现不佳，市场份额被本土竞争对手Anta（安踏）和Li Ning（李宁）蚕食。</p><p>Friend还表示，耐克预计将在第四季度结束时仍存在过剩库存。</p><h2 id=\"id_2829050069\">营收基本持平</h2><p><strong>截至2月28日的第三财季，这家运动服饰零售商的营收为112.8亿美元，同比基本持平，但仍高于分析师平均预期的112.4亿美元（</strong>原预期下降0.3%，数据来源：LSEG）。</p><p>Hill在财报电话会议上表示：“我们的工作尚未完成”，并补充称团队正“专注且紧迫地推进”。</p><p>在这一表现不均的季度中，亮点包括批发业务收入增长5%至65亿美元，受益于北美市场销售稳定。但直面消费者（DTC）销售额下降4%，主要受欧洲和中国需求疲软拖累。</p><p><strong>耐克当季每股收益为0.35美元，高于预期的0.28美元。</strong></p><p>M Science分析师Drake MacFarlane表示：“在我们的观察范围内，美国一直是耐克表现最好的地区，因此一旦美国消费者信心受挫，将削弱耐克的复苏努力。”</p><p>公司毛利率已连续第六个季度下滑，下降130个基点至40.2%，主要受到关税影响。</p><p>作为耐克资深高管，Hill获得了投资者较大的耐心支持，市场普遍认可其让公司回归体育核心定位的努力。</p><p>但正如Hill在周二电话会议中承认，耐克的转型所需时间比预期更长，晨星分析师David Swartz表示：“疲弱的股价表明，许多投资者可能已经对他失去信心。”</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>耐克第三财季业绩超预期，但预计第四财季销售将出现下滑</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n耐克第三财季业绩超预期，但预计第四财季销售将出现下滑\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2026-04-01 07:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p> <a href=\"https://laohu8.com/S/NKE\">耐克</a> （Nike，NKE）周二预测第四财季销售将出现意外下滑，受中国市场持续疲软以及清理旧库存进展缓慢的影响，其股价在盘后交易中下跌逾8%，转型努力受挫。</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/807b5a49c882ec691f165ce735ff60aa\" title=\"\" tg-width=\"520\" tg-height=\"157\"/></p><p>在首席执行官Elliott Hill的领导下，耐克已减少促销活动、加强产品创新，并重新聚焦跑步等核心品类，试图在经历多年库存过剩以及北美和中国需求不均之后重塑业务。</p><p>然而，这些举措尚未见效。首席财务官Matt Friend预计当前季度销售将下降2%至4%，而根据LSEG汇编的数据，华尔街此前预计将增长1.9%。</p><p>在中国市场，由于运营失误与激烈的本土竞争叠加，耐克销售额已下滑10%。Friend在财报电话会议上表示，第四季度销售预计将下降20%，并提及油价上涨及中东持续冲突带来的波动性影响。</p><p>由于产品组合较弱，加之创新速度放缓，耐克在其第二大市场（占年度销售约15%）表现不佳，市场份额被本土竞争对手Anta（安踏）和Li Ning（李宁）蚕食。</p><p>Friend还表示，耐克预计将在第四季度结束时仍存在过剩库存。</p><h2 id=\"id_2829050069\">营收基本持平</h2><p><strong>截至2月28日的第三财季，这家运动服饰零售商的营收为112.8亿美元，同比基本持平，但仍高于分析师平均预期的112.4亿美元（</strong>原预期下降0.3%，数据来源：LSEG）。</p><p>Hill在财报电话会议上表示：“我们的工作尚未完成”，并补充称团队正“专注且紧迫地推进”。</p><p>在这一表现不均的季度中，亮点包括批发业务收入增长5%至65亿美元，受益于北美市场销售稳定。但直面消费者（DTC）销售额下降4%，主要受欧洲和中国需求疲软拖累。</p><p><strong>耐克当季每股收益为0.35美元，高于预期的0.28美元。</strong></p><p>M Science分析师Drake MacFarlane表示：“在我们的观察范围内，美国一直是耐克表现最好的地区，因此一旦美国消费者信心受挫，将削弱耐克的复苏努力。”</p><p>公司毛利率已连续第六个季度下滑，下降130个基点至40.2%，主要受到关税影响。</p><p>作为耐克资深高管，Hill获得了投资者较大的耐心支持，市场普遍认可其让公司回归体育核心定位的努力。</p><p>但正如Hill在周二电话会议中承认，耐克的转型所需时间比预期更长，晨星分析师David Swartz表示：“疲弱的股价表明，许多投资者可能已经对他失去信心。”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5b1d5c7c9d853e94601159db38d7645e","relate_stocks":{"NKE":"耐克"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194825700","content_text":"耐克 （Nike，NKE）周二预测第四财季销售将出现意外下滑，受中国市场持续疲软以及清理旧库存进展缓慢的影响，其股价在盘后交易中下跌逾8%，转型努力受挫。在首席执行官Elliott Hill的领导下，耐克已减少促销活动、加强产品创新，并重新聚焦跑步等核心品类，试图在经历多年库存过剩以及北美和中国需求不均之后重塑业务。然而，这些举措尚未见效。首席财务官Matt Friend预计当前季度销售将下降2%至4%，而根据LSEG汇编的数据，华尔街此前预计将增长1.9%。在中国市场，由于运营失误与激烈的本土竞争叠加，耐克销售额已下滑10%。Friend在财报电话会议上表示，第四季度销售预计将下降20%，并提及油价上涨及中东持续冲突带来的波动性影响。由于产品组合较弱，加之创新速度放缓，耐克在其第二大市场（占年度销售约15%）表现不佳，市场份额被本土竞争对手Anta（安踏）和Li Ning（李宁）蚕食。Friend还表示，耐克预计将在第四季度结束时仍存在过剩库存。营收基本持平截至2月28日的第三财季，这家运动服饰零售商的营收为112.8亿美元，同比基本持平，但仍高于分析师平均预期的112.4亿美元（原预期下降0.3%，数据来源：LSEG）。Hill在财报电话会议上表示：“我们的工作尚未完成”，并补充称团队正“专注且紧迫地推进”。在这一表现不均的季度中，亮点包括批发业务收入增长5%至65亿美元，受益于北美市场销售稳定。但直面消费者（DTC）销售额下降4%，主要受欧洲和中国需求疲软拖累。耐克当季每股收益为0.35美元，高于预期的0.28美元。M Science分析师Drake MacFarlane表示：“在我们的观察范围内，美国一直是耐克表现最好的地区，因此一旦美国消费者信心受挫，将削弱耐克的复苏努力。”公司毛利率已连续第六个季度下滑，下降130个基点至40.2%，主要受到关税影响。作为耐克资深高管，Hill获得了投资者较大的耐心支持，市场普遍认可其让公司回归体育核心定位的努力。但正如Hill在周二电话会议中承认，耐克的转型所需时间比预期更长，晨星分析师David Swartz表示：“疲弱的股价表明，许多投资者可能已经对他失去信心。”","news_type":1,"symbols_score_info":{"NKE":2}},"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3499086704993883","authorId":"3499086704993883","name":"逐梦飞翔","avatar":"https://static.tigerbbs.com/ca5c9bb1da5a4622b93d9781e65477d0","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3499086704993883","idStr":"3499086704993883"},"content":"刚买入一晚不到，财报指引一杀抵挡不住😂","text":"刚买入一晚不到，财报指引一杀抵挡不住😂","html":"刚买入一晚不到，财报指引一杀抵挡不住😂"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":546422240961176,"gmtCreate":1774428518525,"gmtModify":1774428521463,"author":{"id":"3523587098717559","authorId":"3523587098717559","name":"沧海一粟涛涛","avatar":"https://static.tigerbbs.com/2fa748518a2483ea79bacfdb91ea26ef","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3523587098717559","idStr":"3523587098717559"},"themes":[],"title":"","htmlText":"利好出尽。不过跌得确实有点厉害","listText":"利好出尽。不过跌得确实有点厉害","text":"利好出尽。不过跌得确实有点厉害","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/546422240961176","repostId":"1149443616","repostType":4,"repost":{"id":"1149443616","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1774412786,"share":"https://www.laohu8.com/m/news/1149443616?lang=zh_CN&edition=full","pubTime":"2026-03-25 12:26","market":"hk","language":"zh","title":"泡泡玛特：2025年拥有人应占溢利127.75亿元，同比增长308.8%","url":"https://stock-news.laohu8.com/highlight/detail?id=1149443616","media":"老虎资讯综合","summary":"2025年度收益371.2亿元。","content":"<html><head></head><body><p><strong><a href=\"https://laohu8.com/S/09992\">泡泡玛特</a> ：2025年度收益371.2亿元人民币，同比增长184.7%；年度拥有人应占溢利127.75亿元，同比增长308.8%。</strong></p><p>泡泡玛特午后直线跳水大跌14%。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61f7ba2c9d843f912bce03fe64b1912b\" title=\"\" tg-width=\"560\" tg-height=\"240\"/></p><p>LABUBU家族营收141.6亿，中国市场全年营收208.5亿元，同比增长134.6%；亚太市场实现营收80.1亿元，同比增长157.6%；美洲实现营收68.1亿元，同比增长748.4%；欧洲及其他地区实现营收14.5亿元，同比增长506.3%，全球四大区域均实现三位数增长。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d42d0b972e76b333efaae8479a8d7b01\" title=\"\" tg-width=\"1044\" tg-height=\"723\"/></p><p>报告期内，泡泡玛特集团在全球20个国家，运营630家门店，全年净增109家，运营2637台机器人商店，全年净增165台。本集团在德国、丹麦、加拿大及菲律宾开设了首家线下门店，进一步拓展国际市场。中国市场净增14家线下门店，门店数量从2024年的431家增至2025年的445家。亚太市场净增31家线下门店，从2024年的54家增至2025年的85家。</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>泡泡玛特：2025年拥有人应占溢利127.75亿元，同比增长308.8%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n泡泡玛特：2025年拥有人应占溢利127.75亿元，同比增长308.8%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2026-03-25 12:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><strong><a href=\"https://laohu8.com/S/09992\">泡泡玛特</a> ：2025年度收益371.2亿元人民币，同比增长184.7%；年度拥有人应占溢利127.75亿元，同比增长308.8%。</strong></p><p>泡泡玛特午后直线跳水大跌14%。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61f7ba2c9d843f912bce03fe64b1912b\" title=\"\" tg-width=\"560\" tg-height=\"240\"/></p><p>LABUBU家族营收141.6亿，中国市场全年营收208.5亿元，同比增长134.6%；亚太市场实现营收80.1亿元，同比增长157.6%；美洲实现营收68.1亿元，同比增长748.4%；欧洲及其他地区实现营收14.5亿元，同比增长506.3%，全球四大区域均实现三位数增长。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d42d0b972e76b333efaae8479a8d7b01\" title=\"\" tg-width=\"1044\" tg-height=\"723\"/></p><p>报告期内，泡泡玛特集团在全球20个国家，运营630家门店，全年净增109家，运营2637台机器人商店，全年净增165台。本集团在德国、丹麦、加拿大及菲律宾开设了首家线下门店，进一步拓展国际市场。中国市场净增14家线下门店，门店数量从2024年的431家增至2025年的445家。亚太市场净增31家线下门店，从2024年的54家增至2025年的85家。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/30dc37d452f250ce3fb402a1655ca971","relate_stocks":{"09992":"泡泡玛特"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149443616","content_text":"泡泡玛特 ：2025年度收益371.2亿元人民币，同比增长184.7%；年度拥有人应占溢利127.75亿元，同比增长308.8%。泡泡玛特午后直线跳水大跌14%。LABUBU家族营收141.6亿，中国市场全年营收208.5亿元，同比增长134.6%；亚太市场实现营收80.1亿元，同比增长157.6%；美洲实现营收68.1亿元，同比增长748.4%；欧洲及其他地区实现营收14.5亿元，同比增长506.3%，全球四大区域均实现三位数增长。报告期内，泡泡玛特集团在全球20个国家，运营630家门店，全年净增109家，运营2637台机器人商店，全年净增165台。本集团在德国、丹麦、加拿大及菲律宾开设了首家线下门店，进一步拓展国际市场。中国市场净增14家线下门店，门店数量从2024年的431家增至2025年的445家。亚太市场净增31家线下门店，从2024年的54家增至2025年的85家。","news_type":1,"symbols_score_info":{"09992":2}},"isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":546452318606656,"gmtCreate":1774420586837,"gmtModify":1774420589548,"author":{"id":"4139723256007382","authorId":"4139723256007382","name":"明明名模","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4139723256007382","idStr":"4139723256007382"},"themes":[],"title":"","htmlText":"为什么会大跌","listText":"为什么会大跌","text":"为什么会大跌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/546452318606656","repostId":"1149443616","repostType":4,"repost":{"id":"1149443616","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1774412786,"share":"https://www.laohu8.com/m/news/1149443616?lang=zh_CN&edition=full","pubTime":"2026-03-25 12:26","market":"hk","language":"zh","title":"泡泡玛特：2025年拥有人应占溢利127.75亿元，同比增长308.8%","url":"https://stock-news.laohu8.com/highlight/detail?id=1149443616","media":"老虎资讯综合","summary":"2025年度收益371.2亿元。","content":"<html><head></head><body><p><strong><a href=\"https://laohu8.com/S/09992\">泡泡玛特</a> ：2025年度收益371.2亿元人民币，同比增长184.7%；年度拥有人应占溢利127.75亿元，同比增长308.8%。</strong></p><p>泡泡玛特午后直线跳水大跌14%。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61f7ba2c9d843f912bce03fe64b1912b\" title=\"\" tg-width=\"560\" tg-height=\"240\"/></p><p>LABUBU家族营收141.6亿，中国市场全年营收208.5亿元，同比增长134.6%；亚太市场实现营收80.1亿元，同比增长157.6%；美洲实现营收68.1亿元，同比增长748.4%；欧洲及其他地区实现营收14.5亿元，同比增长506.3%，全球四大区域均实现三位数增长。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d42d0b972e76b333efaae8479a8d7b01\" title=\"\" tg-width=\"1044\" tg-height=\"723\"/></p><p>报告期内，泡泡玛特集团在全球20个国家，运营630家门店，全年净增109家，运营2637台机器人商店，全年净增165台。本集团在德国、丹麦、加拿大及菲律宾开设了首家线下门店，进一步拓展国际市场。中国市场净增14家线下门店，门店数量从2024年的431家增至2025年的445家。亚太市场净增31家线下门店，从2024年的54家增至2025年的85家。</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>泡泡玛特：2025年拥有人应占溢利127.75亿元，同比增长308.8%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n泡泡玛特：2025年拥有人应占溢利127.75亿元，同比增长308.8%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2026-03-25 12:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><strong><a href=\"https://laohu8.com/S/09992\">泡泡玛特</a> ：2025年度收益371.2亿元人民币，同比增长184.7%；年度拥有人应占溢利127.75亿元，同比增长308.8%。</strong></p><p>泡泡玛特午后直线跳水大跌14%。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61f7ba2c9d843f912bce03fe64b1912b\" title=\"\" tg-width=\"560\" tg-height=\"240\"/></p><p>LABUBU家族营收141.6亿，中国市场全年营收208.5亿元，同比增长134.6%；亚太市场实现营收80.1亿元，同比增长157.6%；美洲实现营收68.1亿元，同比增长748.4%；欧洲及其他地区实现营收14.5亿元，同比增长506.3%，全球四大区域均实现三位数增长。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d42d0b972e76b333efaae8479a8d7b01\" title=\"\" tg-width=\"1044\" tg-height=\"723\"/></p><p>报告期内，泡泡玛特集团在全球20个国家，运营630家门店，全年净增109家，运营2637台机器人商店，全年净增165台。本集团在德国、丹麦、加拿大及菲律宾开设了首家线下门店，进一步拓展国际市场。中国市场净增14家线下门店，门店数量从2024年的431家增至2025年的445家。亚太市场净增31家线下门店，从2024年的54家增至2025年的85家。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/30dc37d452f250ce3fb402a1655ca971","relate_stocks":{"09992":"泡泡玛特"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149443616","content_text":"泡泡玛特 ：2025年度收益371.2亿元人民币，同比增长184.7%；年度拥有人应占溢利127.75亿元，同比增长308.8%。泡泡玛特午后直线跳水大跌14%。LABUBU家族营收141.6亿，中国市场全年营收208.5亿元，同比增长134.6%；亚太市场实现营收80.1亿元，同比增长157.6%；美洲实现营收68.1亿元，同比增长748.4%；欧洲及其他地区实现营收14.5亿元，同比增长506.3%，全球四大区域均实现三位数增长。报告期内，泡泡玛特集团在全球20个国家，运营630家门店，全年净增109家，运营2637台机器人商店，全年净增165台。本集团在德国、丹麦、加拿大及菲律宾开设了首家线下门店，进一步拓展国际市场。中国市场净增14家线下门店，门店数量从2024年的431家增至2025年的445家。亚太市场净增31家线下门店，从2024年的54家增至2025年的85家。","news_type":1,"symbols_score_info":{"09992":2}},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}]}