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Haitong Securities: Consumer expectations repaired + new round of optimization and transformation initiated. Pay attention to marginal changes in 4Q zero batch.
It is expected that retail terminal demand may recover in the fourth quarter, but there is still some pressure on short-term performance. It is recommended to focus on sub-sectors with significant marginal changes (especially leading ones).
CN¥2.95 - That's What Analysts Think Yonghui Superstores Co., Ltd. (SHSE:601933) Is Worth After These Results
China Grocery Market Insights & Forecast 2024-2028, With Profiles of Leading Players Walmart, JD, Alibaba Group, Sun Art Retail Group, Yonghui Superstores and China Resources Holdings - ResearchAndMarkets.com
Yonghui Supermarket: Yonghui Supermarket Co., Ltd. Third Quarter Report 2024
Yonghui Supermarket Co., Ltd. Third Quarter Report 2024
Yonghui Superstores' performance is under pressure in the first three quarters, planning to adjust and transform more than 40 stores before the Spring Festival. | Interpretations
① Yonghui Superstores achieved operating revenue of 54.549 billion yuan in the first three quarters, a year-on-year decrease of 12.14%; realized a net income attributable to the mother of -77.8657 million yuan, a decrease of 0.13 billion yuan from the same period last year. ② Yonghui Superstores revealed that by the Spring Festival, the number of renovated and relocated stores nationwide will reach approximately 40-50, adding multiple cities such as Shanghai, Lanzhou, Tianjin, Chongqing, Shenyang, and Shenzhen.
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