本报告导读:公司通过强化产品研发能力、供应链能力、运营管理能力、品牌影响力及数字化能力等,有望提高竞争力。投资要点:维持增持评级 。业绩低于预期,单店收入下滑、开店增速有所放缓,下调2025-2026 年经调整净利润分别为7.18(-3.26)/7.88(-3.13)亿元(人民币,下同),新增2027 年预测经调整净利润为8.62 亿元,对应PE 分别为17/16/14x。业绩简述:2024 ...
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