Win Hanverky Holdings Limited (HK:3322) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Win Hanverky Holdings Limited reported a decrease in same-store sales growth for their high-end fashion retailing business, with the third quarter of 2024 and the year-to-date showing declines of 18% and 22% respectively. Despite this, the overall revenue growth for the same periods recorded increases of 36% and 3%, largely due to a boost from wholesale revenue to new franchisees. The company’s direct operated offline store count slightly declined from 112 to 108 stores as of September 30, 2024.
For further insights into HK:3322 stock, check out TipRanks’ Stock Analysis page.