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Chow Tai Fook Reports Same-Store Sales Rise 39% in Q1, Hong Kong and Macau Up 44-49%

GateNews
Stocks

Chow Tai Fook Jewellery Group Limited (00590) reported that same-store sales rose 39% for the quarter ended March 31, 2026, with overall retail sales value increasing 32% and retail revenue up 43% year-over-year.

The Hong Kong and Macau markets showed stronger performance, with same-store sales rising 44% in Hong Kong and 49% in Macau. Mainland China reported a 22% increase in retail sales value and same-store sales growth exceeding 20%. The group's global store count decreased by 148 to 2,857 as it consolidated operations in lower-tier cities while expanding internationally.

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