5Mo·

Asics?

$7936 (+1,08 %) What's going on with Asics? Why is the share up 16%?

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5Mo

Simply use AI. Cost me 15 seconds. ASICS with a strong price increase - that's what's behind it

The Japanese sporting goods manufacturer ASICS recently recorded a remarkable share price increase of around 16%. Here are the main reasons for this jump:

🚀 Reasons for the share price rise
Strong quarterly figures: In the second quarter of 2025, ASICS increased sales in Japan by 28%. The Onitsuka Tiger brand in particular impressed with a jump in sales due to tourists.

Profit growth: ASICS had already increased its profit by 18% in the first quarter of 2025, which indicates solid operational development.

Optimistic forecasts: The company has published positive earnings and dividend forecasts for the full year, which has boosted investor confidence.

Strategic expansion: ASICS plans to significantly expand its sportswear production in India to circumvent import restrictions - a sign of long-term growth ambitions.

📊 Market reaction
The share has already gained over 12% this year, and the latest jump of 16% shows that investors are very positive about the company's future.

The strong performance is also being boosted by high demand for lifestyle products and the return of international tourists to Japan.

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Tenbagger2024@Tenbagger2024

5Mo

It has been the strongest sporting goods share in recent years, but very few people have it on their radar.

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