格隆汇11月5日｜东吴证券研报指出，森马服饰前三季度归母净利5.37亿元/yoy-28.90%，分季度看， 25Q3单季归母净利2.12亿元/yoy+4.55%，Q3营收延续Q2稳健增长态势，归母净利润增速转正，主要得 益于公司加强费用控制。前三季度线下增长好于线上，巴拉好于森马。毛利率保持平稳，费用控制见 效。受益于天气转冷，10月终端零售实现同比双位数增长，为Q4收入增长奠定良好开局。维持25-27年 归母净利润预测为9.8/11.5/13.9亿元，对应25-27年PE15/13/11X，维持"买入"评级。 ...

| 证券代 | 证券简 | 今日涨跌幅 | 今日换手率 | 年线 | 最新价 | 乖离率 | | --- | --- | --- | --- | --- | --- | --- | | 码 | 称 | （%） | （%） | （元） | （元） | （%） | | 920046 | 亿能电 力 | 19.38 | 19.41 | 15.92 | 17.74 | 11.45 | | 920496 | 许昌智 能 | 7.16 | 7.40 | 11.49 | 12.13 | 5.56 | | 002563 | 森马服 饰 | 6.24 | 6.01 | 5.69 | 5.96 | 4.75 | | 300470 | 中密控 股 | 6.84 | 6.25 | 36.18 | 37.78 | 4.43 | | 300510 | 金冠股 份 | 4.23 | 6.67 | 4.51 | 4.68 | 3.72 | | 000820 | *ST节能 | 5.07 | 6.77 | 3.02 | 3.11 | 2.83 | | 000736 | *ST中地 | 5.02 | 0.21 | 6.33 | 6.49 | 2 ...

零售股走强，东百集团、安记食品、惠发食品、森马服饰等股相继涨停，凯撒旅业、中百集团、会稽山 等涨幅居前。 ...

21世纪经济报道记者贺泓源、实习生韦怡琦 下沉市场对国际餐饮品牌越来越重要了。 11月4日，星巴克咖宣布与博裕投资达成战略合作，双方将成立合资企业，共同运营星巴克在中国市场 的零售业务。 根据协议，博裕将持有合资企业至多60%股权，星巴克保留40%股权，并将继续作为星巴克品牌与知识 产权的所有者和授权方，向新成立的合资企业进行授权。基于约40亿美元（不计现金与债务）的企业价 值，博裕将获得其相应权益。星巴克预计其中国零售业务的总价值将超过130亿美元。 另据星巴克披露，新成立的合资企业将继续以上海为总部，管理并运营目前遍布中国市场的8000家星巴 克门店。双方将致力于未来将星巴克在中国的门店规模逐步拓展至20000家。 此外，星巴克提到，博裕相关资源，将有力加速星巴克在中国市场、特别是中小城市及新兴区域的拓 展。 必胜客也在做着类似探索。 11月4日，在业绩会上，百胜中国首席执行官屈翠容表示，必胜客WOW店将重点拓展低线城市。 财报显示，2025年第三季度，百胜中国营收同比增长4%至32亿美元；经营利润同比增长8%至4亿美 元。 分品牌来看，第三季度，肯德基营收同比增长4%至24.04亿美元。门店方面，肯德基 ...

2025年11月5日 | 序号 | 代码 | 简称 | 英日涨幅 | 年内涨幅 | 股息率(近12个 | | --- | --- | --- | --- | --- | --- | | | | | (%) | (%) | 月) (%) | | 1 | 601187.SH | 厦门银行 | 5.92 | 36.49 | 4.37 | | 2 | 002807.SZ | 江阴银行 | 3.67 | 22.32 | 4.08 | | 3 | 601998 SH | 中信银行 | 3.31 | 18.58 | 4.45 | | 4 | 601229.SH | 上海银行 | 3.20 | 15.04 | 8.26 | | 5 | 002478.SZ | 常宝股份 | 3.19 | 33.85 | 3.32 | | 6 | 600036.SH | 招商银行 | 2.92 | 14.17 | 4.79 | | 7 | 601658.SH | 邮储银行 | 2.42 | 9.35 | 3.74 | | 8 | 688516.SH | 奥特维 | 2.32 | 10.23 | 4.77 | | ਰੇ | 601939 SH | ...

证券研究报告·公司点评报告·服装家纺 森马服饰（002563） 2025 年 11 月 04 日 证券分析师 汤军 执业证书：S0600517050001 021-60199793 tangj@dwzq.com.cn 证券分析师 赵艺原 执业证书：S0600522090003 zhaoyy@dwzq.com.cn 股价走势 2025 年三季报点评：Q3 利润率环比回升， Q4 销售开局良好 买入（维持） | [Table_EPS] 盈利预测与估值 | 2023A | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- | | 营业总收入（百万元） | 13,661 | 14,626 | 15,680 | 16,897 | 18,174 | | 同比（%） | 2.47 | 7.06 | 7.21 | 7.76 | 7.56 | | 归母净利润（百万元） | 1,121.50 | 1,137.40 | 978.78 | 1,147.18 | 1,385.42 | | 同比（%） | 76.06 | 1.42 | (13.95) ...

证券日报网讯森马服饰11月4日在互动平台回答投资者提问时表示，截至2025年9月30日，公司拥有直营 门店1，027家，加盟门店7，046家，联营门店32家。公司直营门店店铺大部分为租赁商铺。 （文章来源：证券日报） ...

Core Insights - Semir Apparel and DingTalk signed a strategic cooperation agreement to upgrade their collaboration from product projects to a comprehensive AI strategy [2] - This partnership signifies a new phase in Semir Apparel's digital transformation, leveraging AI to enhance organizational efficiency [2] Company Overview - Semir Apparel operates over 8,000 stores nationwide [2] - The company is actively integrating leading global AI tools and digital infrastructure to improve the connection and collaboration among people, organizations, and data [2]

Core Insights - Senma and DingTalk have signed a strategic cooperation agreement to upgrade their collaboration from product projects to a comprehensive AI strategy, aiming to set a benchmark in the apparel retail industry [1][4] - The partnership will leverage DingTalk's digital infrastructure and AI technology to assist Senma in transitioning from digital transformation to an AI-driven organizational ecosystem [1][4] Company Overview - Senma currently operates over 8,000 stores nationwide and is actively integrating leading global AI tools and digital infrastructure to enhance efficiency in connecting people, organizations, and data [3] - The collaboration with DingTalk builds on a strong foundation, as Senma has already utilized DingTalk for internal communication, meetings, and various office automation applications [3] AI Integration and Applications - Senma has become the first AI organization on DingTalk, utilizing AI tools to address business pain points and enhance organizational vitality [3] - The company has implemented DingTalk's AI forms to streamline core business processes, enabling real-time analysis of sales data, customer behavior, and logistics inventory [3] - Senma has developed the "AI Coach" application for sales staff training, simulating customer interactions and providing real-time feedback to improve sales performance [3] Future Collaboration and Goals - The partnership will expand the scope of AI business cooperation, with plans to promote DingTalk's full suite of AI products and applications within Senma [4] - Both companies will establish an "AI Innovation Laboratory" to pilot AI applications and deepen AI integration into Senma's operations [4] - The goal is to create a corporate knowledge base and enhance employee capabilities, effectively doubling their productivity [4] Strategic Vision - Senma's chairman emphasized that AI is essential for survival, focusing on using digital technology to enhance organizational efficiency and customer experience [4] - DingTalk's commercial president expressed the vision of integrating AI into daily operations, allowing employees to receive proactive task and inventory notifications [4] - This strategic cooperation exemplifies the deep integration of the apparel retail industry with AI technology, aiming to explore the limitless possibilities of "AI + apparel retail" for high-quality development of Chinese brands [4]

格隆汇11月4日丨森马服饰(002563.SZ)在投资者互动平台表示， 澳门金融管理局为公司股东，截至目前 无其他业务合作。 ...