US Stock Alert | CHAGE.DOMINUS (CHA.US) rises nearly 7%, August same-store GMV expected to turn positive year-on-year
On Monday, Bawangchaji (CHA.US) surged nearly 7%, closing at $11.54.
According to Golden Ten Data APP, on Monday, Cha Gee (CHA.US) rose nearly 7%, trading at $11.54. In the news, on August 28, Cha Gee announced its unaudited results for the second quarter of 2026. During the period, the company's net revenue was 3.415 billion yuan, up 2.5% year-on-year; adjusted net profit reached 489 million yuan. Management stated in the conference call that the geelato tea gelato, launched in May, has entered over 190 stores, with related store offline GMV increasing by more than 20% on average, and the total number of company members has reached 257 million. After entering the third quarter, ice cream products are expected to further contribute to store growth. Management revealed that the decline in same-store GMV in July narrowed to low single digits, and expects August to achieve positive year-on-year growth.
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EIA expects Brent crude spot prices to remain at $100 per barrel for the rest of the year and raises the average price forecasts for this year and next.
The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.
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