BRIEF: Jiumaojiu reports same-store sales growth for its Tai Er chain in first quarter
Jiumaojiu International Holdings Ltd. (9922.HK) said on Friday that same-store sales for self-operated restaurants from its core Tai Er chain rose 6.9% in the first quarter, as a 10.9% rise…
BRIEF: Fresh food model lifts Jiumaojiu’s Tai Er back to same-store sales growth
Jiumaojiu International Holdings Ltd. (9922.HK) said average daily sales at its flagship Tai Er restaurant chain fell 3% year-on-year in the fourth quarter, narrowing from a 9.3% decline the previous…
Jiumaojiu ladles up hotpot investment to boost overseas expansion
The restaurant operator will pay $43 million for new and existing shares of Big Way Group, boosting its stake to 49% of the North American hotpot chain Key Takeaways: Jiumaojiu’s…
BRIEF: Jiumaojiu’s revenue, profit fall as same-store sales tumble 20%
Restaurant operator Jiumaojiu International Holdings Ltd. (9922.HK) last Friday reported its revenue and profit both fell more than 10% in the first half of the year, as growing consumer caution…
BRIEF: ‘Sauerkraut Fish’ parent Jiumaojiu reports sharp same-store sales declines
Chinese restaurant operator Jiumaojiu (9922.HK) announced on Friday that average daily same-store sales for its self-operated Tai Er, Song Hotpot and Jiu Mao Jiu chains fell 24.6%, 26.9% and 18.5%…
BRIEF: Invesco sells down Jiumaojiu stake as foreign exodus advances
Invesco sold down its holdings in Jiumaojiu International Holdings Ltd. (9922.HK), becoming the latest global fund manager to pare its stake in the operator of several popular restaurant chains. The…
Jiumaojiu sinks as consumers shun its pricey ‘sauerkraut fish’
The operator of a trendy mid-range restaurant chain is getting undermined by rising popularity of ‘poor man’s meals’ from competitors Key Takeaways: In a stunning reversal, Jiumaojiu warned it expects…
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