Chinese bakery chain Chanson's H1 revenue falls, hurt by lower US store sales

Chanson International Holding

18/09/2026 13:10

Overview
China bakery chain's fiscal H1 revenue fell 4.5% yr/yr, driven by lower US store sales
Company returned to profitability, reporting net income after prior yr loss
Gross margin improved to 47.7% amid expense management and operational optimization

Outlook
Company did not provide specific financial guidance for the current or upcoming periods

Result Drivers
US STORE DECLINES - Revenue from US stores dropped 46.7% as bakery operations were suspended and competition intensified
CHINA CONSUMER CAUTION - Slower economic recovery and increased price sensitivity led to lower seasonal and beverage product sales in China
INVESTMENT INCOME BOOST - Net income benefited from higher investment income due to new long-term debt investments

Company press release: ID:nPn2dtQ53a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
$8.3 mln
 
H1 Net Income
 
$0.8 mln
 
H1 Gross Margin
 
47.7%
 
H1 Gross Profit
 
$4 mln
 

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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.)