港美股看台丨周大福第三财季零售值增长17.8%

Core Viewpoint - The article highlights the strong performance of Chow Tai Fook in the jewelry industry, showcasing significant growth in retail sales and pricing strategies during the third fiscal quarter of 2026. Group 1: Financial Performance - Chow Tai Fook's retail value increased by 17.8% year-on-year in the third fiscal quarter [2] - Same-store sales growth in mainland China reached 21.4% for direct stores and 26.3% for franchise stores [3] - The average selling price of gold jewelry in mainland China rose to HKD 11,000, up from HKD 7,300 in the same quarter of the previous fiscal year [3] Group 2: Product Performance - The retail value of priced jewelry grew by 59.6% year-on-year, contributing 40.1% to total retail value, up from 29.4% in the previous fiscal quarter [4] - The average selling price of priced gold jewelry in mainland China increased to HKD 9,500, compared to HKD 5,200 in the same quarter of the previous fiscal year [3] Group 3: Market Expansion and Strategy - Chow Tai Fook plans to continue its dual strategy of revitalizing existing markets while expanding into high-potential new markets [5] - The company opened 34 new retail points in mainland China while closing 264, resulting in a net closure of 230 retail points [4] - The company aims to launch new stores in international markets by June 2026, focusing on premium locations [5]