具体来看，绿茶本轮增长主要来自于外卖增长和门店扩张。 "初代网红餐厅鼻祖"的上半年：营收和利润双增长，外卖业务贡献了近四分之一。 "初代网红餐厅"的上半年，喜忧参半。 8月26日，绿茶集团正式发布上市后首份半年度报告。数据显示，绿茶上半年营收为22.9亿元，同比增长23.1%；经调净利 润2.51亿元，同比增长40.4%。 △图片来源：红餐网摄 经营层面，绿茶仍面临同店销售额持续下滑、扩张节奏不及预期等挑战。 绿茶经营收入增长得益于门店的持续扩张，尤其是小店型的持续落地。 半年报显示，上半年，绿茶餐厅在全国共拥有502家门店。其中，一线和新一线城市门店数量达259家，占总数的一半以 上，是其核心市场。 红餐网了解到，绿茶于此前推出了建面450平米以下的小店型，并作为扩张的主要店型之一。招股书显示，小型餐厅数量 已从2022年的100家增加至2024年的284家，增幅达184%。大型餐厅的数量则略有缩减，从2023年的186家降至最后实际可 行日期的181家。 彼时，绿茶集团方面解释称，由于小型餐厅翻台率更高、运营成本更低，未来要专注于开设这类门店，计划在2025年、 2026年、2027年分别开出139、18 ...

Financial Data and Key Metrics Changes - Revenue for the second quarter grew to over $1,500,000,000 for the first time in company history, representing a 12.7% increase year-over-year [5][17] - Same store sales increased by 5.8%, driven by a 4% traffic growth and a 1.8% increase in average check [5][17] - Diluted earnings per share increased by 4% to $1.86 [17] - Restaurant margin dollars increased by 6.1% to $257,000,000, while restaurant margin as a percentage of total sales decreased by 108 basis points year-over-year to 17.1% [17][18] Business Line Data and Key Metrics Changes - Texas Roadhouse averaged approximately $172,000 in weekly sales, while Bubba's 33 averaged over $128,000 in weekly sales [6][7] - Jaggers delivered average weekly sales of nearly $76,000 in the second quarter [7] - The company plans to open approximately 30 company-owned restaurants this year, with a potential for double-digit openings for Bubba's next year [8][10] Market Data and Key Metrics Changes - Inflation for commodities was in line with expectations, with a full-year inflation guidance increased to approximately 5% due to higher beef inflation [14] - Labor inflation was also in line with expectations, with a full-year guidance lowered to approximately 4% [14] Company Strategy and Development Direction - The company is focused on a "people first" approach, emphasizing legendary food and service [11] - Plans to acquire additional franchise locations and continue expanding the Bubba's brand, aiming for 200 locations [7][10] - The company is committed to maintaining its capital allocation philosophy, prioritizing new restaurant development and existing restaurant care [15][16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strength of operations and the commitment of the team, despite facing challenges [11] - The company is monitoring inflationary trends closely and adjusting strategies accordingly [14][28] - Management remains optimistic about the growth potential of Bubba's and Jaggers, with plans for increased openings in the coming years [42][126] Other Important Information - The company completed the acquisition of three franchised restaurants, bringing the total to 17 for the year, and plans to acquire three more in the fourth quarter [10] - The company is purchasing its support center buildings, which will save approximately $2,500,000 in rent annually [103] Q&A Session Summary Question: Insights on inflation dynamics - Management noted that strong retail demand for beef and tighter supply have driven inflation higher, with expectations of peak inflation in the third quarter [25][28] Question: Mix effect and consumer behavior - Negative mix pressure is primarily from the alcohol category, while positive trends are seen in entrees and mocktails [32][36] Question: Expectations for inflation in Q3 and Q4 - Anticipated commodity inflation could reach 7% in Q3, decreasing to 4-5% in Q4 [41] Question: Growth opportunities in California - The company is excited about acquiring remaining franchise units in California and plans to explore growth opportunities in the state [96][99] Question: Off-premise sales growth - Off-premise sales growth is attributed to improved operational efficiency, the mobile app, and better execution by staff [120][123] Question: Delivery considerations - Currently, the company is not pursuing delivery options broadly but is open to discussions based on individual unit needs [130][132]

Core Viewpoint - Green Tea Group successfully listed on the Hong Kong Stock Exchange on May 16, with an opening price of HKD 7.19 per share after five attempts since 2021 [1] Financial Performance - Revenue projections for Green Tea Group from 2022 to 2024 are approximately CNY 2.375 billion, CNY 3.589 billion, and CNY 3.838 billion respectively, with net profits of about CNY 17 million, CNY 296 million, and CNY 350 million [1][2] - The company plans to open 150, 200, and 213 new restaurants from 2025 to 2027 [2] Restaurant Expansion - As of April 14, 2025, Green Tea Group operates 489 restaurants, with half located in first-tier and new first-tier cities, and the other half in second-tier and below cities [1] - The total number of restaurants is projected to increase to 465 by the end of 2024, up from 360 in 2023 [2] Market Position - In 2024, Green Tea Group ranks third in the number of restaurants and fourth in revenue among casual Chinese restaurant brands in mainland China, holding a market share of 0.7% [1] Customer Metrics - Despite an increase in total customer reception due to the growth in restaurant numbers, key operational metrics such as same-store sales and table turnover rates are expected to decline in 2024 [3][5] - Average consumer spending is projected to decrease from CNY 61.8 in 2023 to CNY 56.2 in 2024, with table turnover rates dropping from 3.3 to 3 [3] Strategic Focus - The company is increasing its focus on delivery services, which is expected to see year-on-year growth in 2024 [5] - Funds raised from the IPO will be used to expand the restaurant network, establish central food processing facilities, and upgrade IT systems and related infrastructure [2]