POP MART Mar US Sales Tumble 45% YoY: Wire

AASTOCKS News
2026.04.30 02:38
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POP MARTreported a 45% year-over-year decline in US sales for March, reversing previous growth trends. The US market, which accounted for 18% of the company's revenue last year, is facing challenges as consumer interest wanes. Analyst Melinda Hu forecasts a revenue growth of 16% for POP MART in 2026, below the company's previous guidance of at least 20%. Despite the slowdown, growth in North America is expected to outperform other markets, driven by store expansion and marketing investments.