0421 GMT - Jiumaojiu International's revitalized stores are poised to help boost sales growth in 2H, China Galaxy International analysts say in a research report. The multibrand restaurant operator's Taier brand refresh includes store renovations as well as offering more fresh produce and a more varied menu, the analysts note. The Chinese company plans to upgrade 160 Taier restaurants this year, with 64 completed by end-July. The brokerage lifts its 2025-2027 EPS forecasts for the company by 3.7%-13%. It raises the stock's target price to HK$2.95 from HK$2.94 with an unchanged hold rating. Shares are 0.4% lower at HK$2.69. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
August 26, 2025 00:21 ET (04:21 GMT)
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