Bestore Co.,Ltd. urgently clarified the "falsification of ingredient list"! Law enforcement agencies have intervened and thoroughly investigated the outsourcing factories behind the scenes.
①Bestore co.,ltd. officially announced that, after preliminary investigation, the relevant products have passed all indicators in multiple batches of inspections conducted by our company and the manufacturer this year. ②Currently, Bestore co.,ltd. is still in the price transformation and adjustment stage, and as time goes by, the pressure faced by the company is increasing.
Net profit for the first three quarters exceeded the full year of last year. Jinzai Food Group is expected to launch new products, crispy quail eggs, in Q4 | Financial Report Analysis
①Jinzai Food Group achieved revenue of 1.772 billion yuan in the first three quarters, a year-on-year increase of 18.65%; net income attributable to the parent company was 0.215 billion yuan, a year-on-year increase of 61.2%, exceeding the full year of last year. ②Regarding the year-on-year increase in promotional expenses, Jinzai Food Group stated that in the first half of the year, the company accelerated the pace of market expense allocation based on operational strategy, and the pace will relatively slow down in the second half of the year, expecting no significant increase in overall sales expense ratio for the whole year.
Why did Xu Xin 'escape' the leisure snack track after three squirrels inc. and bestore co.,ltd. were successively reduced by Jinri Capital?
①Today, the capital successively reduced its shareholding in three squirrels inc. and Bestore Co.,Ltd., which may stem not only from their own funding needs, but also from the more significant reason of the fiercely competitive and declining growth industry characteristics in the leisure snack industry. ②Focusing on the sinking market and emphasizing ultimate value for money, traditional snack brands are facing strategic decisions when confronted with the rise of large-scale snack stores.
Overseas store openings Purple Swallow Food: industry as a whole under pressure, Q2 revenue improved compared to Q1 | Direct hit earnings conference
①Regarding the decline in revenue, Gu Wuqiao stated that the industry as a whole is under pressure in the first half of the year; ②The company opened its first overseas store in Melbourne, australia, and more overseas stores will gradually be established in the future.
Juewei Food Co., Ltd.: The number of stores decreased by nearly a thousand in the first half of the year, and the decrease in raw material costs helped boost net income | Interpretations
① Juewei Food Co.,Ltd. saw a 9.73% YoY decrease in revenue in the first half of this year, while net profit increased by over 20%. ② The company's H1 cost of goods sold decreased by 17.95% YoY due to a decrease in raw material prices.
Performance under pressure, Laiyifen also turns to the embrace of discount snacks | Interpretations of financial reports
① The revenue of direct-operated stores decreased year-on-year, and Shanghai laiyifen's first-half profits did not meet expectations; ② The company has started to focus on snack discount formats, and its first warehouse membership store was launched in Shanghai this month.