Super Hi International (NASDAQ:HDL) Announces Quarterly Earnings Results, Misses Estimates By $0.06 EPS

Super Hi International (NASDAQ:HDL) issued its earnings results on Wednesday. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.06), Zacks reports. Super Hi International had a return on equity of 2.63% and a net margin of 1.16%.The firm had revenue of $218.83 million during the quarter, compared to analysts’ expectations of $222.80 million.

Here are the key takeaways from Super Hi International’s conference call:

• Q2 operating performance improved significantly: revenue rose 10% year over year to $219 million, while operating profit increased 118.9% and the operating margin expanded 1.8 percentage points to 3.7%.
• Customer visits increased 5.2% to 8.1 million, and overall and same-store table turnover both improved to 3.9 and 4.0 turns per day, respectively. Employee, rent, utility, and depreciation expense ratios declined, indicating early operating leverage.
• Revenue diversification accelerated, with delivery revenue up 105% and other business revenue up 119.7%; together, these sources grew 114.3% and increased their share of total revenue to nearly 9.6%.
• Regional performance remained uneven: Southeast Asia and East Asia improved, while North America faced traffic and customer-mix challenges and other regions were affected by geopolitical volatility. Management plans localized marketing, menu adjustments, and store-by-store operational improvements.
• Despite stronger core operations, the company posted a $1.93 million net loss versus a $16.39 million profit a year earlier because foreign-exchange results swung from a $16.33 million gain to a $4.34 million loss. Management characterized the impact as largely non-operating and non-cash.

Super Hi International Trading Down 6.4%

NASDAQ HDL opened at $13.22 on Friday. The stock has a market cap of $860.02 million, a P/E ratio of 48.98 and a beta of -0.14. Super Hi International has a fifty-two week low of $12.00 and a fifty-two week high of $19.60. The stock has a 50 day simple moving average of $13.03 and a two-hundred day simple moving average of $14.23. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.28 and a current ratio of 2.54.

Wall Street Analysts Forecast Growth

HDL has been the subject of several analyst reports. Zacks Research raised shares of Super Hi International from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 30th. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Super Hi International presently has an average rating of “Reduce”.

Hedge Funds Weigh In On Super Hi International

A hedge fund recently bought a new stake in Super Hi International stock. Bank of America Corp DE purchased a new position in Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,809 shares of the company’s stock, valued at approximately $52,000.

About Super Hi International

Super Hi International Holding Ltd., an investment holding company, operates Haidilao branded Chinese cuisine restaurants in Asia, North America, and internationally. The company is involved in the food delivery business. It also engages in sale of hot pot condiment products and food ingredients. The company was incorporated in 2022 and is based in Singapore.