研报掘金丨长江证券：海澜之家多曲线布局促未来业绩稳增，维持“买入”评级

格隆汇11-12

长江证券研报指出，海澜之家(600398.SH)Q3实现营收、归母净利润、扣非归母净利润38.89、2.71、2.40亿元，同比变动-11%、-65%、-57%。收入业绩均低于预期。公司多曲线布局促未来业绩稳增，仍为红利中的优质标的。预计主品牌线下弱零售对未来业绩拖累渐消化，多曲线成长性强兑现叠加增量业务有序布局下，未来业绩有望稳健增长。此外，公司自由现金流高、业绩稳定性强、账面资金盈余高、未...

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