Atour Lifestyle Holdings Earnings Call Transcripts
Fiscal Year 2026
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Q2 2026 saw 41.4% revenue growth, robust hotel expansion, and retail revenue up 63% year-over-year. Full-year guidance was raised for retail, while net profit margin is expected to decline slightly due to revenue mix and tax rate. Cash position and shareholder returns remain strong.
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Q1 2026 saw 47.5% revenue growth, robust hotel and retail expansion, and strong brand performance. Retail revenue guidance was raised to 30%-35% growth, and a $72 million dividend was declared, with continued share repurchases and a 100% payout target.
Fiscal Year 2025
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Achieved strong growth in both hotel and retail segments in 2025, with managed hotel revenues up 28% and retail revenues up 67% year-over-year. 2026 guidance calls for 20%-24% revenue growth and 25%-30% retail revenue growth, with a slight decline in net profit margin expected.
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Q3 2025 saw 38.4% revenue growth, record hotel expansion, and robust retail gains. Net income and EBITDA rose over 27% year-over-year, with strong cash reserves and a raised full-year outlook. Shareholder returns exceeded prior commitments.
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Q2 2025 saw 37.4% revenue growth and 30.2% higher adjusted net income, driven by hotel expansion and booming retail sales. Full-year revenue is guided up 30%, with retail growth raised to 60%, though net profit margin will decline due to a higher tax rate and retail mix.
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Q1 2025 saw 29.8% revenue growth year-over-year, driven by robust hotel expansion and a 70.9% surge in retail GMV, despite RevPAR declining 7.2% amid market volatility. Full-year revenue growth guidance was raised to 25%-30%, with retail guidance up to 50%.
Fiscal Year 2024
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Record hotel openings and retail growth drove a 55.3% revenue increase in 2024, with 2025 guidance targeting 25% revenue growth and 500 new hotel openings. Retail is expected to outpace hotel growth, and margins are projected to remain stable.
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Q3 2024 saw 46.7% revenue growth year-over-year, record hotel openings, and robust retail expansion, with adjusted net income up 41.2%. Full-year revenue is expected to grow 48%-52%, despite RevPAR headwinds, as the company raises its new hotel opening target and launches new upscale and retail products.
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Q2 2024 saw 64.5% revenue growth, record hotel openings, and surging retail sales. Full-year revenue guidance was raised to 48%-52% growth, with margins stable despite RevPAR volatility. A new dividend policy and product launches further strengthened market position.