Chagee Holdings Limited (CHA) Stock Soars 7% on Expansion and Special Dividend
Chagee Holdings Limited (CHA) shares surged 7% following a robust third-quarter performance fueled by aggressive expansion and a special dividend announcement. The company's overseas gross merchandise value (GMV) jumped 75%, counterbalancing softer sales in Greater China.
Operational scale widened significantly, showcasing disciplined cost management and resilience despite margin compression. A strengthened balance sheet and growing cash reserves underscored the company's financial health, driving investor confidence.
The teahouse chain's expanding footprint highlights its long-term growth strategy, with rising locations offsetting volume pressures. Market reaction reflects approval of Chagee's ability to navigate regional slowdowns while executing global growth initiatives.
