【国泰海通食饮】周报第38期:白酒Q3降速释压,关注高股息饮料标的

猛哥看商业
Nov 09

核心观点导读:成长优先,并重视低估值及长期成长确定性较强的传统消费龙头价值修复。当前软饮料板块中低估值高股息标的股息率突显,看好后续基本面&估值修复带来的投资机会。核心观点:白酒:三季报降速释压,茅台分红回购。白酒三季度报表调整加速,Q3收入同比-18%(25Q1:-5%)、归母净利同比-22%(25Q1:-8%)、回款情况恶化,报表真实度提升。本周飞天批价企稳,茅台公司在业绩发布会上再度强调“...

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