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GHG

GreenTree Hospitality Group Ltd.

https://www.998.com

Industry

Travel Lodging

GreenTree Hospitality Group Ltd., through its subsidiaries, develops leased-and-operated, and franchised-and-managed hotels under the GreenTree brand in the People's Republic of China. As of December 31, 2021, it operated 66 leased-and-operated hotels with 7,064 rooms; and had franchised-and-managed hotels network consisting of 4,593 hotels with 330,089 rooms covering 367 cities in China, and an additional 1,225 hotels with 91,887 rooms that were contracted for or under development. The company was founded in 2004 and is headquartered in Shanghai, the People's Republic of China. GreenTree Hospitality Group Ltd. is a subsidiary of GreenTree Inns Hotel Management Group, Inc.

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GreenTree Hospitality Group reported Q2 revenue of $45.532 million, a decrease of 20.5% year-over-year. Net income also fell by 38.9% to $8.603 million.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 10:08 am

Greentree maintains its 2024 revenue guidance for the hotel business, expecting growth of 7% to 12% year-over-year. However, it withdraws guidance for the restaurant business due to revenue unpredictability from strategic repositioning.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:03 am

GreenTree Hospitality Group reported its Q1 2024 earnings per ADS (EPADS) of $0.08 and sales of $48.80 million.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:01 am

GreenTree Hospitality's shares experienced an increase following the announcement of their Q4 earnings.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 1:15 pm

GreenTree Hospitality Group (GHG) reported a significant increase in its FY adjusted EPS to $0.47, up from $0.25 YoY, and a 67.25% increase in sales to $229.19M from $137.03M YoY.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 5:26 am

In Monday's after-market session, several consumer discretionary stocks showed notable movements. Cato and GreenTree Hospitality Group reported their Q4 and FY earnings, respectively, leading to an increase in their stock prices. Other stocks such as SunCar Tech Gr, Noodles, and Purple Innovation also saw gains. Conversely, companies like Linkage Global, Cazoo Gr, and Barnes & Noble Education experienced declines in their stock prices.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 9:32 pm

Earnings reports for March 25, 2024, include a mix of expected quarterly losses and earnings from various sectors. Companies like Bitcoin Depot and Syra Health anticipate losses, while others like Dada Nexus and BuzzFeed project earnings. The reports span across different markets, including technology, health, and hospitality.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 9:33 am

In Thursday's intraday session, several consumer discretionary stocks experienced significant movements. E-Home Household Service (EJH) saw a 28.0% increase, while Yunhong Green CTI (YHGJ) rose by 21.66%. REE Automotive (REE) increased by 17.27%, GreenTree Hospitality Gr (GHG) by 12.69%, Hesai Gr (HSAI) by 9.42%, and Fitell (FTEL) by 8.65%. On the downside, Vince Holding (VNCE) dropped by 19.7%, Cazoo Gr (CZOO) by 14.9%, Beachbody Co (BODY) by 12.44%, NWTN by 11.29%, WW International (WW) by 10.77%, and GigaCloud Tech (GCT) by 10.33%.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 5:31 pm

In Wednesday's intraday session, several consumer discretionary stocks experienced significant movements. Esports Entertainment's preferred shares (GMBLP) surged 52.2% to $3.06, while Vince Holding (VNCE) rose 30.7% to $2.98. Dogness (DOGZ) increased by 25% to $5.0, and Mynd.ai (MYND) went up by 17.17% to $5.52. Jiuzi Holdings (JZXN) and Fitell (FTEL) also saw gains. Conversely, Volcon (VLCN) dropped 19.9% to $0.11, Golden Heaven Group Holdings (GDHG) fell 16.96% to $0.77, and Esports Entertainment's common shares (GMBL) declined 14.33% to $4.21. GreenTree Hospitality Group (GHG), SRM Entertainment (SRM), and Polished.com (POL) also experienced losses.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 5:31 pm

The article highlights the top 5 consumer discretionary stocks that are currently oversold, presenting a potential buying opportunity. These stocks have Relative Strength Index (RSI) values near or below 30, indicating they may be undervalued. The companies mentioned are Fisker Inc. (FSR), GreenTree Hospitality Group Ltd. (GHG), U Power Limited (UCAR), Sacks Parente Golf, Inc. (SPGC), and Dogness (International) Corporation (DOGZ). The article provides recent company updates and stock price actions.

Portfolio Pulse from Lisa Levin

November 27, 2023 | 11:54 am

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