Pop Mart Stock Falls as Overseas Sales Drop, Citi Cuts Outlook
Pop Mart said first-half revenue and net income missed estimates as analysts warned of weaker overseas sales and a 35% to 40% third-quarter drop.
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8 Articles
PHOTOART: MERCA2.0 GEMINI Pop Mart billed about $2.550 million during the first half of 2026, 23.8% more than a year before. America recorded a drop of 16.5%, while Asia-Pacific outside China backed 9.7%. Diversifying characters, improving international operation and recovering the digital channel appear as ways to reduce Labubu dependency. The Labubu phenomenon faces a new test. Pop Mart, the Chinese company behind the character, increased its…
Pop Mart May Fall Short of 20% 2026 Growth Due to Declining Overseas Sales, CEO Warns
Pop Mart International Group is unlikely to meet its 20% growth target for 2026 despite strong revenue increases, as a significant drop in international sales impacts the company’s performance, according to the CEO yesterday. In the first half of the year, Pop Mart’s total revenue increased by 23.8% year-over-year to 17.1 billion yuan (approximately $2.5 […] The post Pop Mart May Fall Short of 20% 2026 Growth Due to Declining Overseas Sales, CEO…
Pop Mart recognizes with his accounts the end of the fever Labubu: the viral collectible is deflated after years of resale with overprice and the Chinese company pivots towards a model franchise in the style of Hello Kitty. The Chinese Pop Mart has closed the first semester of 2026 with revenues of 17,170 million yuan, equivalent to about 2,550 million dollars. It represents 24% more than a year before. The data seems solid, but hides a radical …
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