Pop Mart International's 1Q Revenue Growth Seems to Validate Strategy -- Market Talk

Dow Jones05-13

0622 GMT - Pop Mart International's robust overall revenue growth in 1Q seems to strongly validate the company's strategic focus, particularly on online channels, say DBS Group Research analysts in a note. Its Chinese online channel outperformed offline channels, posting a 150%-155% surge compared with 75%-80%, they say. They believe the sound double-digit gains in markets such as China, Europe and the Americas show strong broad-based global momentum. The Labubu maker's momentum is likely to be sustained by its regional expansion strategies and multiple channels, the analysts add. The company's guidance of around 20% growth for the full year could therefore be too conservative, they say. DBS retains its buy rating and HK$247 target price. Shares fall 2.3% to HK$159.10. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

May 13, 2026 02:22 ET (06:22 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

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