Super Hi International (NASDAQ:HDL) Releases Earnings Results

Super Hi International (NASDAQ:HDL) posted its earnings results on Wednesday. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.06), Zacks reports. The business had revenue of $218.83 million during the quarter, compared to the consensus estimate of $222.80 million. Super Hi International had a return on equity of 7.38% and a net margin of 3.29%.

Here are the key takeaways from Super Hi International’s conference call:

• Q2 operating performance improved significantly: revenue rose 10% year over year to $219 million, while operating profit increased 118.9% and the operating margin expanded 1.8 percentage points to 3.7%.
• Customer visits increased 5.2% to 8.1 million, and overall and same-store table turnover both improved to 3.9 and 4.0 turns per day, respectively. Employee, rent, utility, and depreciation expense ratios declined, indicating early operating leverage.
• Revenue diversification accelerated, with delivery revenue up 105% and other business revenue up 119.7%; together, these sources grew 114.3% and increased their share of total revenue to nearly 9.6%.
• Regional performance remained uneven: Southeast Asia and East Asia improved, while North America faced traffic and customer-mix challenges and other regions were affected by geopolitical volatility. Management plans localized marketing, menu adjustments, and store-by-store operational improvements.
• Despite stronger core operations, the company posted a $1.93 million net loss versus a $16.39 million profit a year earlier because foreign-exchange results swung from a $16.33 million gain to a $4.34 million loss. Management characterized the impact as largely non-operating and non-cash.

Super Hi International Stock Up 1.3%

Super Hi International stock opened at $14.13 on Thursday. Super Hi International has a one year low of $12.00 and a one year high of $20.35. The stock has a fifty day moving average of $13.03 and a 200 day moving average of $14.26. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.28 and a current ratio of 2.54. The stock has a market cap of $918.87 million, a PE ratio of 23.55 and a beta of -0.14.

Institutional Investors Weigh In On Super Hi International

A hedge fund recently bought a new position in Super Hi International stock. Bank of America Corp DE purchased a new stake in shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 1,809 shares of the company’s stock, valued at approximately $52,000.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Zacks Research upgraded Super Hi International from a “strong sell” rating to a “hold” rating in a report on Thursday, July 30th. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Reduce”.

About Super Hi International

Super Hi International Holding Ltd., an investment holding company, operates Haidilao branded Chinese cuisine restaurants in Asia, North America, and internationally. The company is involved in the food delivery business. It also engages in sale of hot pot condiment products and food ingredients. The company was incorporated in 2022 and is based in Singapore.