Chanson International Holding
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Based in China
Company profile

Chanson International Holding is a holding company mainly engaged in the manufacturing and sales of a wide selection of bakery products, seasonal products and beverage products. The Company mainly sells products in the PRC (People's Republic of China) Stores and the U.S. (the United States) Stores through the George Chanson, Patisserie Chanson and Chanson brand bakery chains. The PRC Stores mainly offer bakery products, beverage products, and contract third-party manufacturers to produce seasonal products. The U.S. Stores primarily offer bakery products, breakfast, lunch and all-day brunch, bar food, and other light meals, as well as beverage products made within the kitchen in the store. The Company primarily distributes its products in Mainland China and the United States markets.


Last Trade
-0.06 (-2.84%)
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Market Hours

Closing Price
Day's Change
-0.34 (-13.88%)
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Day's Low

Foot Locker stock soars after surprise same-store sales gain and profit beat, raised full-year outlook

7:02 am ET November 18, 2022 (MarketWatch)

Shares of Foot Locker Inc. soared 17.7% in premarket trading Friday, after the athletic footwear and apparel retailer reported fiscal third-quarter profit that beat expectations, a surprise increase in same-store sales and boosted its full-year outlook, citing "strong" demand from "resilient" customers. Net income for the quarter to Oct. 29, fell to $96 million, or $1.01 a share, from $158 million, or $1.52 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of $1.27 beat the FactSet consensus of $1.11. Sales slipped 0.7% to $2.17 billion but was above the FactSet consensus of $2.09 billion, while same-store sales rose 0.8% to beat expectations of a 6.0% decline. Merchandise inventory rose 29.5% to $1.69 billion, compared with a 52.1% increase in the second quarter. For fiscal 2022, the company raised its guidance range for adjusted EPS to $4.42 to $4.50 from $4.25 to $4.45. The outlook for net sales improved to a decline of 4% to 5% from a down 6% to 7%, and its same-store sales outlook improved to down 4% to 5% from down 8% to 9%. The stock has gained 3.2% over the past three months through Thursday, while the S&P 500 has lost 7.9%.

-Tomi Kilgore


(END) Dow Jones Newswires

November 18, 2022 07:02 ET (12:02 GMT)

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