bullish

[Atour Lifestyle (ATAT US, BUY, TP US$39) TP Change]: Should Retail Profit Be Accorded a Multiple?

227 Views02 Jun 2024 22:09
​Atour's Q1 revenue and non-GAAP NI beat estimates, driven by hotel expansion and new retail products. Raised 2024 revenue guidance to 40% YoY due to strong retail sales trend.
What is covered in the Full Insight:
  • Revenue Performance
  • Guidance Increase
  • Hotel Expansion
  • Retail Impact
  • Profitability Outlook
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Blue Lotus Research Institute
China growth and global non-US Internet equities
Hong KongInformation Technology & Consumer DiscretionaryEquity Bottom-UpThematic (Sector/Industry)
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