TH International Q3 Adj EPS $(0.09) Up From $(0.10) YoY, Sales $59.81M Up From $42.98M YoY
Portfolio Pulse from Benzinga Newsdesk
TH International (NASDAQ:THCH) reported a narrower adjusted EPS loss of $(0.09) in Q3, improving from $(0.10) YoY. Sales increased by 39.18% to $59.81M from $42.98M YoY.
November 15, 2023 | 12:39 pm
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POSITIVE IMPACT
TH International reported a smaller loss per share and a significant increase in sales compared to the same quarter last year.
The improvement in both earnings per share and sales suggests a positive trajectory for TH International's financial performance. The reduction in losses and the substantial increase in sales are likely to be viewed favorably by investors, potentially leading to a short-term positive impact on the stock price.
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RELEVANCE 100