HERE reports Q4 revenue growth of 94.1%
The company detailed strategic shifts towards a DTC closed loop and new IP launches, while acknowledging inventory management challenges.
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In short: HERE reported Q4 revenue growth of 94.1% while shifting toward a DTC closed loop and new IP launches.
The company detailed strategic shifts towards a DTC closed loop and new IP launches, while acknowledging inventory management challenges.
Revenue drops to RMB164.7 million with a net loss of RMB34.1 million while announcing a new $20M share repurchase program.
Gross margin improved to 34.5%. The company revised full-year guidance and detailed its IP strategy during the earnings call.
Revenues rose 39.4% to RMB177.3 million while net loss narrowed to RMB25.4 million as the company optimized costs and expanded offline channels.
HERE Group stays a Hold as macro and cost headwinds cut FY26 guidance, but plush-toy IP and offline expansion could lift long-term results. Click for...
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