Jiumaojiu reports steep Q2 sales decline amid consumption pressure

Jiumaojiu International Holdings reported significant same-store average daily sales declines across its major brands in Q2 2025 due to consumption pressure.

Tai Er's self-operated stores recorded a 13.7% decline, Song Hot Pot fell 14.3%, and Jiu Mao Jiu's self-operated stores dropped 18.5% year-on-year.

The company noted the declines for Tai Er and Song Hot Pot narrowed compared to Q1. As of June 30, Jiumaojiu operated 729 restaurants total, with Tai Er accounting for 566 locations.