Atour Lifestyle Holdings (ATAT) Stock Growth Cools As Margins Tighten

Atour Lifestyle Holdings stock barely blinked after its Q2 report, inching up about 1.5% even as the company posted another hefty jump in revenue and profit. Investors came in with a growth story already in mind, backed by a relatively low P/E and strong trailing earnings momentum, so a clean headline beat alone was never going to reset the narrative. The real story this quarter sits in the trade off between growth and profitability. Net revenue rose sharply to ¥3.49b and retail sales…Read More