Here's Why Investors Should Retain ZTO Express (ZTO) Stock

ZTO Express’ (ZTO) robust performance of express delivery services is boosting its top line. However, the company is grappling with elevated operating expenses, which is severely impacting ZTO’s bottom line.Factors Favoring ZTOParcel volume growth is a big tailwind for ZTO Express. As evidence, in the first quarter of 2024, the parcel volume rose by 13.9% year over year, and the parcel unit price decreased by 2.5% year over year.This contributed to an 11% increase in revenues from the core express delivery ...