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《大行报告》高盛:百胜中国(09987.HK)首季同店销售增长高过预期 维持「买入」评级
阿思达克 04-28 15:27
高盛发表研究报告指百胜中国(09987.HK)发布首季业绩,扣除汇率因素的销售与经常性经营利润按年分别增长36%及227%,胜过该行预期,指整体表现稳健,其中肯得基与必胜客同店销售增长皆优於预期,并持续见改善,边际利润亦胜预期,开店数目亦快於该行预期。

该行预期,在业绩会议中,投资者的焦点会在几方面,包括:公司最新的同店销售趋势(尤其是清明节表现)与及劳动节长假的展望;商品价格通胀趋势及其对边际利润的影响;供应链相关投资;送递效率改善;派息政策;以及新业务包括中餐、咖啡品牌和零售产品线「开封菜」的最新消息。维持「买入」评级,目标价541元。

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