研報掘金丨天風證券:維持瀘州老窖“買入”評級,預計後續業績有望進入良性增長通道
天風證券研報指出,瀘州老窖(000568.SZ)24Q3中高檔價位表現相對居前,盈利端平穩,現金流同比提升,預收環比提升,回款端主動減負。基於維護渠道健康,公司主動為渠道減負&價穩為先,體現公司注重長遠健康發展的信念。該行預計24Q4公司將繼續減負,為公司25年輕裝上陣做準備,基於公司以健康長遠發展為理念,同時積極促動銷&解決渠道問題,預計後續業績有望進入良性增長通道。維持“買入”評級。
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