Streetbeat News

DDL

Dingdong (Cayman) Limited

https://www.100.me

Industry

Grocery Stores

Dingdong (Cayman) Limited operates an e-commerce company in China. The company offers fresh produce, meat, seafood, prepared food, and other food products, such as dairy and bakery products, snacks, oil, seasonings, and beverages. It operates as a self-operated online retail business primarily through Dingdong Fresh. The company was founded in 2017 and is headquartered in Shanghai, China.

Open

4.28

Mkt cap

867M

Volume

1.5M

High

4.28

P/E Ratio

-205.50

52-wk high

4.60

Low

3.91

Div yield

N/A

52-wk low

1.06

Dingdong (DDL) reported a strong Q3 2024 with net income 5% above consensus, revenue growth of 27% YoY, and improved operating margins. The outlook for Q4 2024 and FY 2024 is positive, with expectations of increased fulfillment station openings and better operating efficiency. The stock rating has been upgraded to Buy.

Portfolio Pulse from

November 12, 2024 | 1:30 pm

Dingdong (Cayman) Limited reported a 28.3% year-over-year increase in GMV for Q3 2024, reaching RMB7,267.0 million (US$1,035.5 million).

Portfolio Pulse from

November 06, 2024 | 10:15 am

In Monday's pre-market session, several consumer staples stocks experienced significant movements. Top Wealth Group, Paranovus Enter, Fresh Vine Wine, Dingdong, Oatly Group, and Vital Farms saw gains, while Upexi, Chanson International, Rocky Mountain Chocolate, 22nd Century Group, Farmmi, and Webuy Global experienced declines.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 12:07 pm

Several consumer staples stocks experienced significant price movements in Monday's pre-market session. Notable gainers include Top Wealth Group, Paranovus Enter, and Fresh Vine Wine, while Upexi and Chanson International were among the top losers.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 12:07 pm

US-listed Chinese stocks are experiencing a decline in share prices following China's September export figures, which fell short of expectations.