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《大行報告》高盛:百勝中國(09987.HK)首季同店銷售增長高過預期 維持「買入」評級
阿思達克 04-28 15:27
高盛發表研究報告指百勝中國(09987.HK)發布首季業績,扣除匯率因素的銷售與經常性經營利潤按年分別增長36%及227%,勝過該行預期,指整體表現穩健,其中肯得基與必勝客同店銷售增長皆優於預期,並持續見改善,邊際利潤亦勝預期,開店數目亦快於該行預期。

該行預期,在業績會議中,投資者的焦點會在幾方面,包括:公司最新的同店銷售趨勢(尤其是清明節表現)與及勞動節長假的展望;商品價格通脹趨勢及其對邊際利潤的影響;供應鏈相關投資;送遞效率改善;派息政策;以及新業務包括中餐、咖啡品牌和零售產品線「開封菜」的最新消息。維持「買入」評級,目標價541元。

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