US Stock Market Move | The stock of King Tea Princess (CHA.US) rises by more than 7%, with improvement in same-store sales data on a month-on-month basis.

date
22:59 02/04/2026
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GMT Eight
On Thursday, the stock of Cha Time (CHA.US) rose by more than 7%, reaching $9.87.
On Thursday, Chatime (CHA.US) rose more than 7%, reaching $9.87. On the news front, on March 31, during the earnings conference, Chatime's founder, chairman, and global CEO, Zhang Junjie, stated that the internal adjustments have been mostly completed, and the operational pace and order have returned to stability. "Entering 2026, recent same-store sales data in the domestic market has shown a trend of improvement on a month-on-month basis, which fills us with confidence in the annual rhythm of 'stabilization in the first half of the year, recovery in the second half of the year.'" Zhang Junjie mentioned that from 2023 to 2024, the company experienced a period of high-speed development, and in 2025, the tea market entered a new stage. He admitted, "We did not focus enough on providing consumers with the ultimate experience. During the internal adjustment period in the second half of 2025, the organization's response speed was slow, the pace of launching new products was postponed, leading to a significant decline in performance, which was indeed the biggest challenge the company faced in 2025." According to the financial report, in 2025, Chatime achieved a total GMV of 31.58 billion yuan, a year-on-year increase of 7.2%; net income of 12.91 billion yuan, a year-on-year increase of about 4%. The adjusted net profit was 1.91 billion yuan, a year-on-year decline of over 20%. By the end of 2025, the total number of global stores reached 7,453. The number of active members in the fourth quarter of 2025 exceeded 44.7 million.