Quanjude's net profit in the first quarter of 2024 will be about 15.31 million yuan, an increase of 66.85% year-on-year; Tims Tianhao China's revenue in 2023 will be 1.576 billion, a year-on-year increase of 55.9%. For details, please see the "Daily Meal News" of the Red Food Network.
Trends of leading companies
Quanjude's net profit in the first quarter increased by 66.85% year-on-year
According to Red Meal Network News, on April 18, Quanjude released a first-quarter performance announcement showing that in the first quarter of 2024, Quanjude's revenue will be about 358 million yuan, an increase of 11.99% year-on-year, and the net profit attributable to shareholders of listed companies will be about 15.31 million yuan, an increase of 66.85% year-on-year.
Quanjude said that in the first quarter, the company seized the positive trend of the catering industry, took the New Year's Day and Spring Festival holidays as an opportunity to increase revenue through multiple channels, and the revenue of catering stores during the Spring Festival increased by 32.6% year-on-year, and received 287,000 consumers, a year-on-year increase of 27%. The company continues to explore the online and offline "double home" model, promotes the process of foodization of catering products, and cooperates with the animation IP "I don't eat for nothing" to launch a variety of new products.
Tims Tianhao China's revenue in 2023 will be 1.576 billion, a year-on-year increase of 55.9%
According to Red Meal.com, on April 18, Tims Tianhao China released its fourth quarter and annual financial report for 2023. According to the data, in 2023, Tims Tianhao China will achieve revenue of 1.576 billion yuan, a year-on-year increase of 55.9%. According to the financial report, 149 new stores were opened in the fourth quarter, and the number of stores expanded in a single quarter hit a new high since listing. As of December 31, 2023, the number of Tims Tianhao Coffee and Popeyes stores nationwide has reached 912, including 629 self-operated stores and 283 franchised stores, covering 68 cities across the country, with a total of 18.7 million registered brand members, a year-on-year increase of 66.3%.
△ Image source: Tims Tianhao China official website
Nai Xue's tea closed 28 directly-operated stores in the first quarter
According to Red Meal Network News, on April 18, Nai Xue's tea released its operation in the first quarter of 2024. In the three-month quarter ended March 31, 2024, Naixue's tea net added 23 directly-operated stores and closed 28 directly-operated stores. As of March 31, 2024, the Group operated a total of 1,597 Nai Xue's tea direct sales stores and 205 Nai Xue's tea franchise stores. Nai Xue's tea said that due to factors such as low temperatures, this quarter is the off-season for business, and it has not seen signs of a rapid recovery in demand. In terms of franchise business, in February 2024, the Group optimized the requirements for franchisees, with more flexible store types, reduced area requirements, and the investment amount for a single store also dropped to RMB580,000.
The second store in Shanghai was opened, and the number of stores nationwide has exceeded 150
According to the news of Red Meal, on April 19, Claypot Zheng Shanghai Minhang Libo Jiufang Store officially opened, which is the second store of Claypot Zheng in Shanghai. At the beginning of January, Claypot Zheng has been stationed in Shanghai, and its first store Minhang Wanyuan Road store opened to a full scene. It is understood that Claypot is giving priority to Shanghai, Jiangsu, Zhejiang, Fujian, Guangdong, Guangxi and other cities to open to join, up to now, its national stores have exceeded 150 (including stores in preparation). With the gradual increase in the potential energy of the claypot brand, there are also some plagiarized and imitated brands in the market. In response, Claypot is responding, "Everyone is welcome to learn from and surpass, break out of their own brand differentiation path, and maintain a good competitive relationship in the industry." ”
Taoli Bread's revenue and net profit in the first quarter both declined
According to Red Meal Network News, on April 18, Taoli Bread released its first quarter report for 2024, showing that its revenue was 1.4 billion yuan, down 5.15% year-on-year, and its net profit was 115 million yuan, down 16.95% year-on-year. According to the financial report, in the first quarter, Taoli Bread's bread and pastry revenue was 1.392 billion yuan, a year-on-year decrease of about 4.68%, and the revenue of other products was 8.1337 million yuan, a year-on-year decrease of about 48.67%.
Longda Food: This year's prefabricated food volume target is 2.5 billion yuan
According to the Beijing News, Longda Food's financial report data shows that in the first quarter of 2024, Longda Gourmet achieved operating income of 2.523 billion yuan, a year-on-year decrease of 27.43%, and a net profit of 30.3487 million yuan, a year-on-year increase of 43.24%. Longda Gourmet said in a recent conference call that the profit in the first quarter was due to cost control and good growth in the food sector. In 2024, Longda Gourmet Prepared Food will maintain a growth rate of 20%-30%, with a target volume of 2.5 billion yuan and 5 billion yuan in the next five years. At the same time, Longda Gourmet will focus on the development of large enterprise channels, and focus on the development of new businesses in the Western-style fast food track and fitness track.
Social hotspots
A flash explosion occurred in a deli in downtown Nanjing, and the street office: 1 person was seriously injured and 2 people were slightly injured
Jiangnan Evening News, a few days ago, the Confucius Temple Office in Qinhuai District, Nanjing City, Jiangsu Province issued a briefing that at about 9:18 on April 18, a flash explosion accident occurred in a delicatessen on Jingqiao East Street in Nanjing, and 3 injured people were sent to the hospital for treatment, of which 1 was seriously injured and 2 were slightly injured. The cause of the accident is under further investigation.
Haixia Pickle Factory, a "soil pit sauerkraut" enterprise, failed to pay a fine of one million and became a "laid-back"
Recently, Haixia Pickle Factory (General Partnership) and its legal representative Pei Yong, Junshan District, Yueyang City, refused to perform the obligations determined by the effective legal documents because they had the ability to perform, and were listed as dishonest persons subject to execution (Lao Lai) and were restricted from high consumption. It is reported that the enforcement involves the administrative penalty case imposed by the Market Supervision and Administration Bureau of Junshan District, Yueyang City, on Haixia Pickle Factory, and the fine of more than 1.094 million yuan was not fulfilled. Previously, the CCTV 315 evening party exposed the problem of "soil pit sauerkraut", involving five enterprises, including Huarong County, Yueyang City, Hunan Province, Jinrui Food, and Junshan District Yayuan Pickles, Haixia Pickles, and Tantanqiao Food.
Li Jiaqi opened her first offline store to sell coffee and IP merchandise
Interface News, on April 18, Li Jiaqi's company, Mei ONE, opened its first offline store, the Naiva Family Coffee Shop. It is understood that the first store of Mei ONE chose its IP "NEVER'S FAMILY" (NEVER'S FAMILY), and recently, Li Jiaqi's live broadcast room also warmed up for Naiva Coffee Shop and launched a free coffee delivery activity. The café is a "silent coffee shop" run by the Naeva family in partnership with Bear's Paw Coffee, which is responsible for coffee making and the baristas are mostly people with disabilities. At present, the store only sells coffee, bread and peripheral products of the "Naiva Family" IP.
Investment and financing
"Gufang Catering" obtained equity financing
36 Krypton News, changes in industrial and commercial information show that on April 16, Chengdu Gufang Catering Co., Ltd. (hereinafter referred to as "Gufang Catering") announced that it had obtained equity financing, and the investor was Sichuan Qiujin Catering Management Co., Ltd. Gufang Catering is a catering management service provider, providing catering services, catering enterprise management, enterprise management consulting and other services.
Note: This article is synthesized from the Beijing News, Jiangnan Evening News, Qichacha APP, Interface News, 36Kr and other public information by Red Meal.com, if you need to reprint, please indicate the source. I also hope that readers will leave a message in the comment area to provide more valuable suggestions for the majority of catering people.
Reorganization|Red Meal Network_Zhou Feifei