海底捞（06862）今日盘中股价大幅下挫5.19%，引发了市场的广泛关注。
消息面上，海底捞于前一日晚间公布了2025年全年业绩报告。报告显示，公司全年实现营收432.25亿元，同比微增1.1%；但公司拥有人应占溢利为40.5亿元，同比下滑13.98%。利润下降主要受餐厅翻台率下降，以及产品、场景等创新模式调整的影响。
具体运营数据显示，2025年海底捞自营餐厅整体翻台率从2024年的4.1次/天下降至3.9次/天，同店平均日销售额同比下滑6.7%，全年接待顾客人次也同比下降7.5%。尽管外卖业务收入同比增长111.9%至26.58亿元，成为亮点，但主品牌盈利能力承压，导致市场情绪转向负面。
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