周大福:高毛利定价产品占比提升 新形象门店提振店效优于大市

国信证券
25 Apr

事项:公司发布2025 年1-3 月未经审核的主要经营数据,整体零售值同比下降11.6%,其中中国(不含港澳台)市场零售值同比下降10.4%,中国香港、中国澳门及其他市场同比下降20.7%,环比均实现跌幅收窄。国信零售观点:1)同店方面,中国(不含港澳台)市场同店销售下降13.2%,降幅较10-12 月收窄2.9pct。中国香港、中国澳门及其他市场同店销售下降22.5%,整体仍受到金价高位抑制短期...

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