{
  "id": 19335950,
  "title": "Earnings call transcript: Atour Lifestyle lifts retail outlook in Q3 2026",
  "url": "https://urgent.news/2026/11/10/earnings-call-transcript-atour-lifestyle-lifts-retail-outlook-in-q3",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-10T13:09:23.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/earnings-call-transcript-atour-lifestyle-lifts-retail-outlook-in-q3-2026-93CH-5015450"
  },
  "original_language": "en",
  "account": "Atour Lifestyle reported impressive third-quarter results on an earnings call, with total net revenue soaring 30.5% year over year to CNY 3.4 billion. Adjusted net profit increased 26.2% to CNY 615 million. The company raised its retail growth outlook for the full year to 50% to 55% from 40%, highlighting strong performance in its sleep-products business.\n\nRetail revenue jumped 61% to CNY 1.36 billion, outpacing hotel revenue growth. Managed hotel revenue grew 20.4% to CNY 1.9 billion, driven by network expansion and supply-chain development, while leased hotel revenue fell 18.6% to CNY 134 million due to ongoing portfolio reduction.\n\nThe company maintained its hotel opening target of around 480 new properties for 2026. Adjusted net profit margin slightly narrowed to 17.9%, while combined hotel gross margin improved to 37.9%. Retail gross margin declined marginally to 52.1%.\n\nAtour shares remained flat in premarket trading at $35.7, down 0.08% from the prior close of $35.73. The stock is currently trading in the middle of its 52-week range of $30.07 to $43.17, suggesting the market views the company as undervalued given its strong growth prospects.\n\nManagement expects total net revenue to grow 33% to 35% for 2026 and maintained its target of about 480 new hotel openings with roughly 80 closures. The company anticipates Q4 demand to be boosted by holidays like the National Day and Mid-Autumn Festival, as well as business travel and autumn breaks.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
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        "url": "https://urgent.news/2026/11/10/softbank-reports-q2-net-loss-of-7b-vs-a-15-8b-profit-a-year-ago-on",
        "published": "2026-11-10T07:25:01.000Z"
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        "url": "https://urgent.news/2026/11/10/softbank-group-logs-768-bil-yen-loss-in-1st-half-on-u-s-data-center",
        "published": "2026-11-10T10:30:10.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}