高盛：中国餐厅_月度追踪_9 月更新_环比 8 月疲软但国庆假期有所改善
高盛证券·2024-10-15 08:49
本文档仅供上海信鱼私募基金管理有限公司18860455898研究使用，请勿外传 11 October 2024 | 8:00PM HKT China Restaurants: Monthly Tracker: Sep update: Sequentially softer than Aug while improvement in National Day holiday Sep SSS recovery was softer than Aug, which is similar to the trend we've seen in other consumer sectors (e.g. sportswear). By brand, Haidilao table turn declined by MSD-HSD% yoy and dropped to below 4x based on our calculation entering off-peak season, implying a lower vs. pre-Covid recovery level at low 70%s vs. low-80%s ...