里昂发表报告，指周大福(01929.HK) 今年3月底止上财年末财季营运业绩符合市场预期，并优于该行同期。季度内地及港澳同店销售按年跌幅分别收窄至13%及23%。今年3月内地同店销售跌幅收窄至按年跌低至中单位数。季内固定价格产品组合占26%，全年度约为20%，高于指引目标的15%至16%。季度及全财年净减少店铺406及896间。
该行认为周大福目前股价已反映现财年净关店减少的预期，以及固定价格产品组合改善，但仍需更多同店销售增长趋势持续的能见度，故将目标价由7.5元上调至9元，维持“持有”评级。该行上调对公司2025至2027财年销售及净利润预测1%至3%，以及7%至25%，反映改善的同店销售增长趋势，以及金价上升对毛利率的正面影响。(fc/da)(港股报价延迟最少十五分钟。沽空资料截至 2025-04-28 12:25。)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.