CP All's 2Q Earnings Likely to Remain Strong

Dow Jones07-03

0619 GMT - CP All's 2Q earnings are likely to stay solid, driven by healthy same-store sales growth, store expansion, and stable gross profit margin, Maybank Securities (Thailand)'s Suttatip Peerasub says in a research report. The Thai convenience store chain operator's 2Q net profit should grow 15% on-year, with around 180 new stores added in the quarter, the analyst estimates. The company's disciplined control over selling, general, and administrative expenses and its lower interest costs are also expected to support earnings growth, the analyst adds. The brokerage maintains the stock's buy rating and target price of 60.00 baht. Shares are unchanged at 48.50 baht. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

July 03, 2026 02:19 ET (06:19 GMT)

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The company's disciplined control over selling, general, and administrative expenses and its lower interest costs are also expected to support earnings growth, the analyst adds. The brokerage maintains the stock's buy rating and target price of 60.00 baht. Shares are unchanged at 48.50 baht. 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The Thai convenience store chain operator's 2Q net profit should grow 15% on-year, with around 180 new stores added in the quarter, the analyst estimates. The company's disciplined control over selling, general, and administrative expenses and its lower interest costs are also expected to support earnings growth, the analyst adds. The brokerage maintains the stock's buy rating and target price of 60.00 baht. Shares are unchanged at 48.50 baht. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 03, 2026 02:19 ET (06:19 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CP","symbol_name":"加拿大太平洋铁路","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2648655066","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2648655066","pubTimestamp":1783059540,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0619 GMT - CP All's 2Q earnings are likely to stay solid, driven by healthy same-store sales growth, store expansion, and stable gross profit margin, Maybank Securities 's Suttatip Peerasub says in a research report. The Thai convenience store chain operator's 2Q net profit should grow 15% on-year, with around 180 new stores added in the quarter, the analyst estimates. The company's disciplined control over selling, general, and administrative expenses and its lower interest costs are also expected to support earnings growth, the analyst adds. The brokerage maintains the stock's buy rating and target price of 60.00 baht. Shares are unchanged at 48.50 baht.  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Shares are unchanged at 48.50 baht. 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