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MR. D.I.Y. Holding (Thailand)'s 2H Earnings Expected to Be Driven by New Stores -- Market Talk

MR. D.I.Y. Holding (Thailand)'s 2H Earnings Expected to Be Driven by New Stores -- Market Talk

Dow JonesDow Jones2026/08/12 02:05

0205 GMT - MR. D.I.Y. Holding (Thailand)'s 2H earnings growth is likely be supported by continued store expansion, UOB Kay Hian analyst Tanapon Cholkadidamrongkul says in a report. The home-improvement and lifestyle retailer's store expansion is on track, having secured locations and construction plans for 95% of its 2026 target of 210 new stores. The company's 2Q same-store-sales growth was down 1.2% on year, while growth in the first two weeks of July recovered to slightly positive, the analyst notes. UOB maintains a buy rating on the stock and target price of 11.00 baht. Shares closed at THB9.80.(amanda.lee@wsj.com)

(END) Dow Jones Newswires

August 11, 2026 22:05 ET (02:05 GMT)

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