Brief: Cosmo Lady (China) Sees Around 150 Franchisee Stores Opened Before End Of 2020

Cosmo Lady (China) Holdings Co

22/10/2020 15:44

Oct 22 (Reuters) - Cosmo Lady (China) Holdings Co Ltd
 2298.HK :
    * AROUND 150 FRANCHISEE STORES EXPECTED TO BE OPENED BEFORE
END OF
2020
    * SEES GROUP'S ONLINE BUSINESS CONTINUE TO EXPERIENCE GROWTH
IN H2
2020
    * SAME-STORE-SALES IN H1 DECLINED BY ABOUT 30%
    * SAME-STORE-SALE FOR FIRST HALF OF OCT SAW HIGH SINGLE
DIGIT
INCREASE
    * SEES IMPROVEMENT TREND IN SAME-STORE-SALE TO CONTINUE IN
Q4 2020
    * AROUND 130 NEW FRANCHISEE STORES WERE OPENED DURING Q3

Source text for Eikon:  ID:nHKST4bKF 
Further company coverage:  2298.HK 

 ((Reuters.Briefs@thomsonreuters.com;))