Chagee (CHA) Q2 2026 Earnings Call Transcript
Chagee (CHA) reported Q2 2026 earnings with net revenues of RMB 3,414.6 million, up 2.5% YoY. Company-owned teahouse revenue surged 222.2% YoY, while total GMV fell 3.3% sequentially. Overseas GMV grew 114.3% YoY. GAAP operating income increased 387.6% due to cost management. Management highlighted economic headwinds and competition in Greater China but emphasized high-quality growth and overseas expansion.





