Jiumaojiu (09922) Reports Steady Operating Performance Across Major Brands in Q3

Stock News
Oct 12

Jiumaojiu (09922) has announced that its major brands delivered broadly steady operating performance in the third quarter of 2026.

Tai Er continued to show improving performance in mainland China, with same-store average daily sales rising approximately 10.4% year on year. During the period, average spending per customer at Tai Er in mainland China remained relatively stable, indicating that the growth in same-store average daily sales was mainly driven by higher customer traffic.

As of September 30, 2026, Tai Er had rolled out a total of 358 stores under its "Fresh" model in mainland China, covering 90 core cities nationwide. Among these, five stores under Tai Er's latest-generation "6.0 Fresh Model" had opened, covering core markets including Guangzhou, Shenzhen and Zhengzhou, as the company continues to advance the iteration and upgrading of the "Fresh" model.

During the National Day holiday, Tai Er maintained strong operating performance in mainland China, with same-store average daily sales up approximately 17.8% year on year and overall table turnover rate exceeding 5 times, a significant improvement from the same period last year. During the period, stores under the "Fresh" model continued to demonstrate stronger operating performance.

In addition, the new model for the Jiumaojiu brand has gradually shown positive results. During the National Day holiday, comparable stores of "Jiumaojiu•Shanxi Restaurant" achieved double-digit year-on-year growth in same-store average daily sales, outperforming the Jiumaojiu brand as a whole, further validating the positive role of the new model in improving store operating performance. The group believes that as the new models of various brands continue to be refined and subsequently rolled out, the operating performance of the relevant brands is expected to improve further.

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