H World Q2 Revenue Jumps 10.8%, Unveils $2.5B Shareholder Return Plan
HTHT sits 40% above its 52-week low of $32.43.
Summary
H World delivered strong Q2 results with revenue up 10.8% to RMB7.1B and adjusted EBITDA up 20% to RMB2.7B. The asset-light strategy is working—manachised and franchised revenue grew 25.2% to RMB3.6B. The company completed its $2B shareholder return plan early and announced a new $2.5B three-year plan starting today. Full-year revenue growth guidance was raised to 4%-8%. This follows the 6-K filed this morning; the news adds analyst-facing detail and the new capital return commitment.
At the time of this announcement, HTHT was trading at $45.50 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $12.4B. The 52-week trading range was $32.43 to $56.64. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: PR Newswire.