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《大行報告》大和上調滔搏(06110.HK)目標價至7.8元 評級「買入」
阿思達克 06-27 10:06
大和發表報告指,滔搏(06110.HK)2024財年首季零售及批發總收入按年錄得20%-24%增長,受惠於通關後人流恢復,以及品牌合作夥伴推出的新產品。管理層表示,留意到即使客戶回到實體店消費,線上線下銷售走勢相似。而相比銷售時點情報系統(POS)錄得按年下跌,同店銷售則錄得按年20%-24%增長,主因銷售效率的提高。 該行引述管理層指,與5月份相比,6月初至今銷售情況較2019年水平有所改善,而2024財年初至今的收入已按軌道增長,達其目標的80%至85%的水平;雖然首季直營店的銷售總面積按年跌6.5%,管理層預計下半年POS總量將會加速,並維持2024財年淨增加銷售總面積,同時POS持平的目標。 該行將公司在2024財年至2026財年每股盈測上調3%至4%,反映年初至今復甦走勢勝預期,同時將其目標價由7.5元上調至7.8元,重申評級「買入」。(ca/k) ~
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