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CHOW TAI FOOK Retail Sales Value Hikes by 17.8% YoY Last Quarter
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CHOW TAI FOOK (01929.HK) announced that, for 3FQ ended December 2025, the retail sales value (RSV) growth was 17.8% YoY. Of which, the Chinese Mainland contributed a 16.9% increase, while Hong Kong, Macau and other markets rose by 22.9%. In the Mainland, same store sales growth (SSSG) of self-operated stores enhanced to 21.4%, while SSSG of franchised stores reached 26.3% during the quarter. Excluding the watch business, SSS of self-operated stores increased by 25.6% during the period. In Hong Kong and Macau, SSS grew by 14.3% YoY, with Hong Kong up by 10.1% and Macau up by 31.3%. The Same Store Average Selling Price (ASP) of weight-based gold jewellery stayed strong during the quarter. In the Mainland/ Hong Kong & Macau, its ASP increased to $11,000/ $20,100, compared to $7,300/ $13,300 in 3FQ25. AASTOCKS Financial News Website: www.aastocks.com |
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