HK footwear maker Stella International Q3 revenue rises

Stella International Holdings

15/10/2026 09:58

Overview
Hong Kong footwear manufacturer reported Q3 revenue up 2.2% yr/yr to $412.9 mln
Shipment volumes fell 4.3% due to front-loading production for a Casual customer
Company plans up to $60 mln in share repurchases and special dividends in 2026

Outlook
Company expects new Vietnam factory to ramp up production through 2027
Stella expects Indonesia and Bangladesh factories to start operations in Q4 2026
Company expects profit growth from Three-Year Plan to materialise in 2026-2028 period

Result Drivers
SHIPMENT VOLUME DECLINE - Co said Q3 shipment volumes fell 4.3% due to front-loading production for a Casual customer earlier in the yr
HIGHER SELLING PRICES - Co said average selling price per pair rose 6% yr/yr, driven by improved product mix and increased raw material costs

Company press release: Full Story

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
 
$412.90 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the footwear peer group is "buy."
Wall Street's median 12-month price target for Stella International Holdings Ltd is HK$13.50, about 8.2% above its October 14 closing price of HK$12.48
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

Reuters Recommended Reads
Oct 12 - France's LVMH nine-month revenue slips amid weak Q3 demand in China

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Press Release https://www1.hkexnews.hk/listedco/listconews/sehk/2026/1015/2026101500369.pdf
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)