Albert Li

“During the second quarter of 2026, our total revenues and system sales were R&B 207, 3.4 million and R&B 347.8 million respectively, which dropped by 21.7% and 15.1% year-over-year.”

“During the first quarter of 2026, our total revenues and system sales dropped by 14.6% and 14.2% year-over-year respectively, which was primarily due to the closure of certain underperforming company-owned and operated stores, and a decrease in same-store sales growth.”

“We continue to strive for excellence in delivering high-value for quality healthy products and sought-for services to our ever-growing customers. In the fourth quarter, we achieved positive net new store openings and continued our strong momentum in system sales, achieving a 4.0% year-over-year growth.”

“We remain focused on delivering high value for quality healthy products and thoughtful services to our ever-growing customer base. Our overall monthly average transacting customers reached 3.85 million in Q3 2025, a 16.7% increase from 3.3 million in the same quarter of 2024.”

“We continued to demonstrate our capabilities to further improve our financial performance by refining store unit economics and driving efficiencies at both store and corporate levels.”