Cha Bai Dao announced its Q2 2026 financial results, with revenue increasing by 2.5% year-over-year to RMB 3.41 billion. GAAP net profit reached RMB 464.8 million, and the net profit margin rose to 13.6% from 2.3% in the same period last year. Although Greater China's Gross Merchandise Volume (GMV) decreased by 4.5% quarter-over-quarter, international GMV grew by 18.2% quarter-over-quarter and 114.3% year-over-year. The company has expanded to 8 overseas markets with a total of 7,639 stores, including its first entry into the South Korean market. Management stated that they will prioritize stability and efficiency, expect positive year-over-year growth in same-store sales in August, and have repurchased approximately $30 million worth of shares.