M Update ANTA Sports | Asia Pacific October 10, 2024 04:27 PM GMT 3Q24 ANTA In-Line, FILA Missed; Golden Week Strong Reaction to earnings Weakens our investment thesis Modest shortfall Largely unchanged Impact to our investment thesis Financial results versus consensus Impact to next 12-month consensus EPS Source: Company data, Morgan Stanley Research We expect neutral to negative market reaction, with a FILA sales miss in 3Q somewhat offset by Golden Week's total sales beat. ANTA brand's new initiatives ha ...