Chagee Holdings Ltd. (CHA) Form 6-K — May 29, 2026
Chagee Holdings reported Q1 2026 net revenues of US$514.1 million, a 4.5% increase year-over-year, driven by a 230% surge in company-owned store revenue and 139% growth in overseas GMV. However, GAAP net income fell 34% to US$64.9 million, as operating income declined 33% to US$79.3 million due to higher general and administrative expenses and margin pressure in the Greater China franchise segment. Same-store sales in Greater China declined 16.0% year-over-year, reflecting intense industry competition and economic headwinds, although average monthly GMV per teahouse in the region rose 5.5% sequentially.
Key figures
- Eps
- 0.34
- Revenue
- 514062000
- Net Income
- 64899000
- Revenue Yoy
- 4.5
- Cash Position
- 1035994000
- Overseas GMV
- 426400000
- Overseas GMVYo Y
- 139
- Total Teahouses
- 7531
- Operating Income
- 79322000
- Non GAAPNet Income
- 73455000
- Teahouse Growth Yo Y
- 12.7
- Same Store GMVGrowth
- -16
- Repurchase Authorization
- 150000000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.