Le Saunda (00738.HK) announced the unaudited retail operation data of the Group for the three months ended on May 31, 2024 ("first quarter of fiscal year 2024/25").
Retail trade
In the first quarter of fiscal year 2024/25, the Group's own retail business recorded a total sales decline of 32.1% and a same-store sales decline of 22.3% compared with the same period last year.
ElectronicBusiness-to-consumer business
In the first quarter of fiscal year 2024/25, the Group's e-commerce business recorded a total sales decline of 3.7% compared with the same period last year.
Distribution and retail network
As of May 31, 2024, the Group had 267 retail stores in mainland China, a net decrease of 46 stores compared to the same day last year. This includes 242 self-operated stores and 25 franchised stores in mainland China.