Chagee releases transcript of 2Q26 earnings call
CHA•CHA•CHA•CHA•GMV was RMB 7.66 billion, down 3.3% sequentially.
Overseas GMV was RMB 504 million, up 18.2% sequentially and up 114.3% year over year.
Global teahouses totaled 7,639 at June 30, including 399 overseas. The company said it entered South Korea with three Seoul teahouses that sold 16,000 cups in three days.
Chagee said its share buyback authorization is up to USD 150 million, and about USD 30 million had been executed by Aug. 24.
The board is also reviewing options including regular dividends.
Chagee held its 2Q 2026 earnings call with CEO Junjie Zhang, CFO Aaron Huang, COO Aiden Yin and IR director Alicia Guo.
