Reported Earlier, Chagee Holdings Q1 Adj. EPS $0.38 Beats $0.23 Estimate, Sales $514.062M Beat $456.470M Estimate

Chagee Holdings (NASDAQ:CHA) reported quarterly earnings of $0.38 per share which beat the analyst consensus estimate of $0.23 by 65.22 percent. This is a 29.63 percent decrease over earnings of $0.54 per share from the same period last year. The company reported quarterly sales of $514.062 million which beat the analyst consensus estimate of $456.470 million by 12.62 percent. This is a 9.95 percent increase over sales of $467.528 million the same period last year.