Jiumaojiu Narrows Same-Store Sales Decline in Q3 as Tai Er's New Model Gains Traction

MT Newswires Live10-16

Jiumaojiu International (HKG:9922) said the year-on-year drop in same-store average daily sales narrowed across its key brands in the third quarter, supported by ongoing operational adjustments and brand upgrades, according to a Wednesday Hong Kong bourse filing.

Shares of the firm were up more than 1% in Thursday morning trade.

Same-store sales at Tai Er fell 9.3% from a year earlier, while Song Hot Pot and Jiu Mao Jiu recorded declines of 19.1% and 14.8%, respectively.

The company said Tai Er's performance improved for the third straight quarter, with sales in cities such as Beijing and Shanghai turning positive.

The group attributed the rebound to its rollout of the "5.0 Fresh Model" restaurants, which focus on live fish, fresh chicken, and fresh beef.

Jiumaojiu said 106 of its Tai Er outlets in mainland China have adopted the model, which has been well received by customers. The company plans to accelerate the rollout, targeting over 200 such restaurants by year-end, according to the filing.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2575679807?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-16 11:55","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2575679807","market":"hk","top_or_hot":-1,"title":"Jiumaojiu Narrows Same-Store Sales Decline in Q3 as Tai Er's New Model Gains Traction","media":"MT Newswires Live","content":"<html><body><p> Jiumaojiu International (HKG:9922) said the year-on-year drop in same-store average daily sales narrowed across its key brands in the third quarter, supported by ongoing operational adjustments and brand upgrades, according to a Wednesday Hong Kong bourse filing.</p><p>Shares of the firm were up more than 1% in Thursday morning trade.</p><p>Same-store sales at Tai Er fell 9.3% from a year earlier, while Song Hot Pot and Jiu Mao Jiu recorded declines of 19.1% and 14.8%, respectively.</p><p>The company said Tai Er's performance improved for the third straight quarter, with sales in cities such as Beijing and Shanghai turning positive.</p><p>The group attributed the rebound to its rollout of the \"5.0 Fresh Model\" restaurants, which focus on live fish, fresh chicken, and fresh beef.</p><p>Jiumaojiu said 106 of its Tai Er outlets in mainland China have adopted the model, which has been well received by customers. The company plans to accelerate the rollout, targeting over 200 such restaurants by year-end, according to the filing.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jiumaojiu Narrows Same-Store Sales Decline in Q3 as Tai Er's New Model Gains Traction</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJiumaojiu Narrows Same-Store Sales Decline in Q3 as Tai Er's New Model Gains Traction\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-10-16 11:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Jiumaojiu International (HKG:9922) said the year-on-year drop in same-store average daily sales narrowed across its key brands in the third quarter, supported by ongoing operational adjustments and brand upgrades, according to a Wednesday Hong Kong bourse filing.</p><p>Shares of the firm were up more than 1% in Thursday morning trade.</p><p>Same-store sales at Tai Er fell 9.3% from a year earlier, while Song Hot Pot and Jiu Mao Jiu recorded declines of 19.1% and 14.8%, respectively.</p><p>The company said Tai Er's performance improved for the third straight quarter, with sales in cities such as Beijing and Shanghai turning positive.</p><p>The group attributed the rebound to its rollout of the \"5.0 Fresh Model\" restaurants, which focus on live fish, fresh chicken, and fresh beef.</p><p>Jiumaojiu said 106 of its Tai Er outlets in mainland China have adopted the model, which has been well received by customers. The company plans to accelerate the rollout, targeting over 200 such restaurants by year-end, according to the filing.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09922","symbol_name":"九毛九","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2575679807","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2575679807","pubTimestamp":1760586911,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Jiumaojiu International  said the year-on-year drop in same-store average daily sales narrowed across its key brands in the third quarter, supported by ongoing operational adjustments and brand upgrades, according to a Wednesday Hong Kong bourse filing.Shares of the firm were up more than 1% in Thursday morning trade.Same-store sales at Tai Er fell 9.3% from a year earlier, while Song Hot Pot and Jiu Mao Jiu recorded declines of 19.1% and 14.8%, respectively.The company said Tai Er's performance improved for the third straight quarter, with sales in cities such as Beijing and Shanghai turning positive.The group attributed the rebound to its rollout of the \"5.0 Fresh Model\" restaurants, which focus on live fish, fresh chicken, and fresh beef.Jiumaojiu said 106 of its Tai Er outlets in mainland China have adopted the model, which has been well received by customers. The company plans to accelerate the rollout, targeting over 200 such restaurants by year-end, according to the filing.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"09922":"九毛九"},"translate_title":"九毛九Q3同店销售降幅收窄太二新模式获关注","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09922":1.5},"content_text":"Jiumaojiu International (HKG:9922) said the year-on-year drop in same-store average daily sales narrowed across its key brands in the third quarter, supported by ongoing operational adjustments and brand upgrades, according to a Wednesday Hong Kong bourse filing.Shares of the firm were up more than 1% in Thursday morning trade.Same-store sales at Tai Er fell 9.3% from a year earlier, while Song Hot Pot and Jiu Mao Jiu recorded declines of 19.1% and 14.8%, respectively.The company said Tai Er's performance improved for the third straight quarter, with sales in cities such as Beijing and Shanghai turning positive.The group attributed the rebound to its rollout of the \"5.0 Fresh Model\" restaurants, which focus on live fish, fresh chicken, and fresh beef.Jiumaojiu said 106 of its Tai Er outlets in mainland China have adopted the model, which has been well received by customers. The company plans to accelerate the rollout, targeting over 200 such restaurants by year-end, according to the filing.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.11","shortVersion":"4.35.11","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2575679807","isCrawlerRequest":true}