老铺黄金2024年业绩爆发式高增,品牌持续破圈向上

招商证券
08 Apr

公司2024年收入+168%、净利润+255%,线上/线下收入均保持快速增长,且受益于收入规模快速增长,公司费用率下降、净利率显著提升。2025年公司品牌影响力扩大、渠道扩张加速,海外布局稳步推进。老铺黄金为高端古法黄金领先品牌,在优质渠道加速扩张翻新、同店表现持续高增的驱动下,2025年仍有望实现较快的业绩增长。我们预计公司2025-2027年净利润分别为30.50亿、43.24亿、57.19亿...

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