TH International releases transcript of Q1 2026 earnings call
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TH International releases transcript of Q1 2026 earnings call
  • TH International hosted its Q1 2026 earnings call; CEO Yongchen Lu, CFO Albert Li attended with Public & Media Relations Manager Patty Yu.
  • System-wide same-store sales fell 13.2% on 8.3% lower transactions, 4.8% smaller tickets; management flagged reduced delivery-subsidy support.
  • Management expects same-store sales to improve in Q2, projecting stronger trends for the rest of 2026 following recent marketing campaigns.
  • Store-margin outlook called for gradual improvement via sales recovery, pruning underperforming stores, higher mix of newer-vintage locations, gross-margin initiatives.
  • Cash totaled RMB 111.4 million as of March 31; definitive agreement signed for up to USD 55 million senior secured convertible notes.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TH International Ltd. published the original content used to generate this news brief on June 10, 2026, and is solely responsible for the information contained therein.

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