ANTA Sports: A 'Buy' After Q1 Acceleration And Strategic Investment

My 'Buy' rating for ANTA Sports Products Limited remains intact following my assessment of its quarterly performance and latest inorganic move. The 1Q2026 sales growth rates for its key "ANTA" and "FILA" brands were both faster than that for the preceding quarter. Investing in PUMA could provide ANPDY with a platform to expand outside of China and in new categories like soccer.