Chagee releases transcript of 2Q26 earnings call
Reuters2026/08/31 04:55Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Chagee held its 2Q 2026 earnings call with CEO Junjie Zhang, CFO Aaron Huang, COO Aiden Yin, IR director Alicia Guo.
- Revenue RMB 3.41 billion; GAAP net income RMB 465 million; non-GAAP net income RMB 489 million; gross margin 54%.
- GMV RMB 7.66 billion, down 3.3% sequentially; overseas GMV RMB 504 million, up 18.2% sequentially, up 114.3% year over year.
- Global teahouses 7,639 at June 30; 399 overseas; entered South Korea with three Seoul teahouses selling 16,000 cups in three days.
- Share buyback up to USD 150 million; about USD 30 million executed by Aug. 24; board reviewing options including regular dividends.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chagee Holdings Ltd. published the original content used to generate this news brief on August 31, 2026, and is solely responsible for the information contained therein.
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