Atour Lifestyle Holdings Limited (NASDAQ: ATAT ) is continuing to grow. The Chinese hotel chain and lifestyle brand is continuing to expand its manachised hotel count, while the retail brand’s broadened product offering is gaining recognition. Despite some concern with tightening US-China relations, the stockI am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock mark ...

Company Overview - Atour Lifestyle Holdings Limited Sponsored ADR (ATAT) shares increased by 7.3% to $23.84 in the last trading session, following a significant trading volume, despite a 28.9% loss over the past four weeks [1] - The company benefits from strong domestic travel demand, an expanding membership base, strategic expansion, and brand enhancements [1] Earnings Expectations - The upcoming quarterly earnings report is expected to show earnings of $0.31 per share, reflecting a year-over-year increase of 19.2% [2] - Revenue is projected to reach $258.97 million, which is a 27.4% increase compared to the same quarter last year [2] Earnings Estimate Revisions - The consensus EPS estimate for Atour has been revised down by 2.3% over the last 30 days, indicating a negative trend in earnings estimate revisions [3] - A negative trend in earnings estimate revisions typically does not lead to price appreciation, suggesting caution in the stock's future performance [3] Industry Comparison - Atour Lifestyle Holdings Limited is ranked 2 (Buy) by Zacks, indicating a favorable outlook compared to other stocks in the Leisure and Recreation Services industry [4] - Lucky Strike Entertainment, another company in the same industry, has a Zacks Rank of 3 (Hold) and reported a 1.3% decline in its last trading session [4][5]

Atour Lifestyle Holdings Limited Sponsored ADR (ATAT) has been beaten down lately with too much selling pressure. While the stock has lost 28.9% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversol ...

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Atour Lifestyle Holdings Limited Sponsored ADR (ATAT) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.Atour Lifestyle Holdings Limited Sponsored ADR is one of 257 individual stocks in the Consumer Discretionary sector. C ...

Core Viewpoint - Atour Lifestyle Holdings Ltd. has achieved significant revenue growth through a unique combination of hospitality and retail, but forecasts a slowdown in growth due to economic conditions in China [1][3][16] Revenue Growth - The company's revenue rose 55% last year, with a forecast of 25% growth for the current year, indicating a substantial slowdown [3][4] - In the fourth quarter, Atour's revenue increased by 38.5%, reaching 2.08 billion yuan ($286 million), primarily driven by new hotel openings and retail sales [2][9] Profitability - Atour's profit grew by 50.5% year-on-year in the fourth quarter, totaling 331 million yuan, supported by improving gross margins [15][16] - The retail business has significantly contributed to profitability, achieving a gross profit margin of 49.6% in the fourth quarter, compared to 37.5% for the hotel business [14] Business Model - Atour operates both self-operated and manchised hotels, with a shift towards the manchised model due to its higher margins [10][11] - The retail segment, which includes products like pillows and comforters, has become a major revenue source, accounting for 37% of total revenue in the fourth quarter [11][12] Market Position - Despite economic headwinds, Atour and other Chinese hotel stocks are favored by investors, with Atour trading at a P/E ratio of 23, higher than global peers like Accor [5][6] - The travel industry has shown resilience during China's economic slowdown, benefiting from a surge in "revenge travel" post-pandemic [6][7] Future Outlook - The company plans to add 500 new properties in 2025, which is crucial for maintaining revenue growth amid slowing performance from existing hotels [4][3] - Analysts remain positive on Atour, with unanimous "buy" ratings from 15 analysts, reflecting confidence in its business model and market position [16]

Atour Lifestyle Holdings Limited (ATAT) reported robust fourth-quarter 2024 results, with earnings and net revenues beating the Zacks Consensus Estimate and increasing on a year-over-year basis.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The quarter’s result was mainly backed by the ongoing hotel network expansion and the growth of the company’s supply chain business. Furthermore, the widespread recognition of its retail brands and effective product innovation and development refl ...

证券研究报告 | 2025年03月27日 亚朵（ATAT.O） 优于大市 2024 年经调净利润增长 45%，2025 年 2000 店目标维持不变 四季度超预期收官，全年收入与业绩增势靓丽。2024Q4 公司收入 20.84 亿元 /+38.5%，归母净利润 3.30 亿元/+50.0%；调整后净利润 3.33 亿元/+49.9%， 调整后 EBITDA 4.43 亿元/+76.5%，各项财务指标均好于彭博预期。2024 年 公司实现 72.48 亿元/+55.3%，归母净利润 12.75 亿元/73.0%，调整后净利 润 13.06 亿元/+44.6%，调整后 EBITDA17.72 亿元/+46.8%，其中调整前后利 润增速差异主要系股权激励费用变化影响。总体看，公司品牌势能强势期实 现门店与零售双轮成长，在 RevPAR 高基数压力下实现收入与利润强势表现。 酒店：加盟贡献酒店核心增速，全年超额完成开店目标。全年酒店收入实现 48.51 亿元/+36.8%，其中加盟模式主导、全年贡献 41.49 亿元/+53%（其中 房间量增长 35%、筹开结构变化助力供应链收入增速、门店管理人员工资提 升等均有助力 ...

Investment Rating - The report maintains a "Strong Buy" rating for the company [4] Core Insights - The company reported Q4 2024 revenue of 2.08 billion yuan, representing a year-on-year increase of 38.5%, and an adjusted net profit of 330 million yuan, up 49.9%, indicating that both operating revenue and performance met expectations [8] - The company is expected to achieve steady growth in performance throughout the year, driven by ongoing openings and the recovery of domestic business travel demand [8] - The company aims to open 500 new stores by 2025, with a net increase of approximately 450 stores [8] Financial Performance - For the fiscal year 2023, the company achieved a total revenue of 4.518 billion yuan, with a year-on-year growth of 100% [10] - The adjusted net profit for 2023 was 737 million yuan, reflecting a significant year-on-year increase of 651% [10] - The company’s gross profit margin for Q4 2024 was 37.5%, an increase of 7.6 percentage points year-on-year [8] - The overall occupancy rate (OCC) for Q4 2024 was 77.0%, with an average daily rate (ADR) of 420.2 yuan and revenue per available room (RevPAR) of 336.9 yuan [8] Future Projections - The company is projected to achieve a revenue of 9.074 billion yuan in 2025, with a year-on-year growth of 25% [3] - The adjusted net profit is expected to reach 1.634 billion yuan in 2025, representing a 28% increase compared to 2024 [3] - The report anticipates that the company will maintain a stable profitability outlook, with adjusted net profit margins expected to remain around 16% [8] Valuation Metrics - The current stock price is $28.96, with projected price-to-earnings (PE) ratios of 31.6 for 2023, 23.0 for 2024, and 17.5 for 2025 [4][11] - The price-to-book (PB) ratio is projected to decrease from 13.8 in 2023 to 7.4 in 2025 [4][11] - The report indicates a strong return on equity (ROE) of 39.04% [4]

事件 3 月 25 日公司公告 4Q24 业绩，实现营收 20.8 亿元/+38.5%，净利 润 3.3 亿元/+50.5%，经调整净利 3.3 亿元/+49.9%，经调整 EBITDA 4.4 亿元/+76.5%，业绩好于预期。 点评 Q4RevPAR 降幅环比收窄，期待 25 年弹性。Q4 RevPAR 337 元/-5.9% （前值-10.5%、符合预期），同店 RevPAR 同比-4.0%（前值-8.4%）、 好于整体；拆分看 OCC 77.0%/-1.4pct（前值-2.1pct），ADR 420 元/-4.0%（前值-8.0%），降幅收窄。我们预计 25 年供给增速放缓， 政策刺激下需求端望改善，期待逐季度改善。 Q4 零售业务收入增长超预期，不断强化深睡领域品牌力。24 全年 公司零售业务 GMV 25.9 亿元/+128%，线上占比持续超过 90%；单 Q4 GMV 9.1 亿元/+125%，24 年双 11 大促期间 GMV4.2 亿元/+80%， 超预期。我们看好公司在泛睡眠领域持续拓展，目前枕头品类势 头持续强劲，被子领域预计低基数下望迎来更高增长。此外公司 已打通酒店、零售会员体系，有 ...

Atour Lifestyle Holdings Limited (NASDAQ:ATAT) Q4 2024 Results Conference Call March 25, 2025 7:00 AM ET Company Participants Luke Hu - Senior IR Manager Haijun Wang - Founder, Chairman & Chief Executive Officer Jianfeng Wu - Co-Chief Financial Officer Conference Call Participants Dan Chi - Morgan Stanley Simon Cheung - Goldman Sachs Sijie Lin - CICC Lydia Ling - Citi Xin Chen - UBS Ronald Leung - Bank of America Operator Thank you for standing by, and welcome to Atour Lifestyle Holdings Fourth Quarter and ...