China's Atour Lifestyle Q3 revenue rises on retail businesses

Atour Lifestyle Holdings

10/11/2026 11:09

Overview
China hospitality and retail group's Q3 net revenue rose 30.5% yr/yr
Adjusted net income for Q3 grew 26.2% yr/yr
Net income for Q3 fell 5.5% yr/yr due to higher operating costs

Outlook
Company expects 2026 net revenues to rise 33%-35% from 2025 levels
Company says 2026 revenue outlook is based on current market conditions and preliminary estimates
Company plans to focus on brand-led strategy and innovation to support long-term growth

Result Drivers
MANACHISED HOTEL AND RETAIL GROWTH - Co said higher Q3 revenue was mainly driven by growth in manachised hotel and retail businesses
HOTEL NETWORK EXPANSION - Co attributed manachised hotel revenue growth to ongoing hotel network expansion and supply chain business development
RETAIL BRAND RECOGNITION - Co said retail revenue growth was driven by increased brand recognition and broader product offerings

Company press release: ID:nGNX2c2P0

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
 
RMB 3.43 bln
 
Q3 Adjusted Net Income
 
RMB 615 mln
 
Q3 Net Income
 
RMB 448 mln
 
Q3 Income From Operations
 
RMB 664 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 21 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
Wall Street's median 12-month price target for Atour Lifestyle Holdings Limited is $48.00, about 34.3% above its November 9 closing price of $35.73
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 14 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)