2023-03-27 08:24:54 ET
- H World Group press release ( NASDAQ: HTHT ): Q4 Non-GAAP EPADS of -$0.12.
- Revenue of $537M (+10.7% Y/Y) misses by $8.48M .
- Guidance:
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H World expects to open around 1,400 hotels and close 600-650 hotels in 2023.
In the first quarter of 2023, H World expects its revenue growth to be in the range of 61%-65% as compared to the first quarter of 2022, or in the range of 53%-57% excluding DH.
For the full year of 2023, H World expects its revenue growth to be in the range of 42%-46% as compared to the full year of 2022, or to range from 46% to 50% excluding DH.
For further details see:
H World Group Non-GAAP EPADS of -$0.12, revenue of $537M misses by $8.48M