金吾财讯 | 中国银河证券研究认为,2H26餐饮大盘复苏仍将继续,一方面是假期制度优化驱动外食人数增加,另一方面是2025三季度禁酒令+外卖平台巨额补贴降低堂食基数,而今年在禁酒令优化、外卖平台退补的驱动下,堂食需求将有回补,叠加“以价换量”策略接近尾声,头部餐饮品牌UE模型有望优化。
金吾财讯 | 中国银河证券研究认为,2H26餐饮大盘复苏仍将继续,一方面是假期制度优化驱动外食人数增加,另一方面是2025三季度禁酒令+外卖平台巨额补贴降低堂食基数,而今年在禁酒令优化、外卖平台退补的驱动下,堂食需求将有回补,叠加“以价换量”策略接近尾声,头部餐饮品牌UE模型有望优化。
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