Chinese sportswear maker 361 Degrees (01361) has announced its interim results for fiscal year 2026, posting a solid financial performance. The company's revenue reached RMB 6.16 billion, reflecting an increase of 8.0% year-on-year, while profit attributable to equity holders climbed 8.0% to RMB 926 million.

Earnings per share stood at RMB 44.4 cents in basic terms. The board has declared an interim dividend of HK 22.2 cents per ordinary share.

Where things stand with its retail footprint: As of June 30, 2026, the group operated a total of 5,076 361 Degrees-branded stores across mainland China. Looking at the regional breakdown, roughly 76.3% of these outlets are located in third-tier and lower-tier cities, whereas 5.3% are in first-tier cities and 18.4% are in second-tier cities.

What is driving the growth: The company is actively encouraging its distributors and authorized retailers to open larger store formats and upgrade to its latest store designs. At the same time, it is increasing the proportion of new locations in shopping malls, department stores, and shopping centers. During the first half of 2026, the company's store channel structure continued to improve, with the newest tenth-generation and ninth-generation store concepts now accounting for 74.9% of the total store base.

The group noted that terminal retail sales flow has shown steady growth. Moving forward, it plans to keep pushing for consistent improvements in average store efficiency, which should further demonstrate the positive results of its channel optimization strategy.