金吾财讯 | 中信证券表示,2025年由于下游餐饮需求以及市场竞争导致餐供板块整体承压,近期行业景气度触底信号持续释放,站在当下时点该机构认为板块预期将引来改善。短期看,该机构认为餐饮供应链板块已经呈现出显著的触底回升的迹象,2026年餐饮边际复苏叠加春节错位和低基数效应,板块销售有望实现显著回暖;而收入改善以及价格边际变化也给盈利修复带来可能。目前板块估值仍处低位,CPI回升也有望推动顺周期餐饮供应链板块实现估值&预期的持续提升。
金吾财讯 | 中信证券表示,2025年由于下游餐饮需求以及市场竞争导致餐供板块整体承压,近期行业景气度触底信号持续释放,站在当下时点该机构认为板块预期将引来改善。短期看,该机构认为餐饮供应链板块已经呈现出显著的触底回升的迹象,2026年餐饮边际复苏叠加春节错位和低基数效应,板块销售有望实现显著回暖;而收入改善以及价格边际变化也给盈利修复带来可能。目前板块估值仍处低位,CPI回升也有望推动顺周期餐饮供应链板块实现估值&预期的持续提升。
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