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Home›US Markets›Equities›Haidilao shares rise as delivery growth and new format…

Haidilao shares rise as delivery growth and new formats lift outlook

Reported · Written up by our desk · Equities

CNBC World reports Haidilao shares climbed after the company’s latest results pointed to strong growth in its delivery business and progress with new restaurant formats.

The outlet said revenue from Haidilao’s core hotpot restaurant offering declined, but the gains in delivery and newer brands helped improve the overall outlook.

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Sources

CNBC WorldHaidilao shares jump as delivery growth and new restaurant brands boost outlook

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