The company reported Q1 revenue of $225.93M, exceeding expectations by $10.35M amid 14.2% year-over-year growth.
Super Hi posted Q1 GAAP earnings per share of $0.01 as revenue reached $225.93M, surpassing estimates by $10.35M. The top line grew 14.2% year-over-year, driven by expansion in its core restaurant segment.
The company opened one new Haidilao restaurant in Southeast Asia during the quarter, contributing to its network growth. Prior-year revenue stood at $197.8M, with consensus estimates calling for $215.58M in the current period.
No immediate market reaction was disclosed in the release.