Stock Track | Chagee Holdings Soars 5.22% on Strong Q1 Revenue Growth and $150M Share Buyback Announcement

Stock Track
May 29

Chagee Holdings Limited's stock soared 5.22% in post-market trading following the release of its first quarter 2026 financial results.

The premium tea drinks brand reported net revenues of RMB3,546.0 million (US$514.1 million), representing a year-over-year increase from RMB3,392.7 million in the same quarter of 2025. The company's overseas gross merchandise value showed particularly strong growth, surging 139.0% year-over-year to RMB426.4 million, while its teahouse network expanded by 12.7% to 7,531 locations.

Investors responded positively to the company's announcement of a US$150 million share repurchase program authorized by the board of directors. The buyback plan, combined with better-than-expected revenue performance and continued international expansion, drove the stock's significant gain during the trading session.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10