Chinese e-grocer Dingdong posts bigger Q2 revenue, profit as users and orders increase
Overview
Dingdong Q2 revenue grows 6.7% yr/yr to RMB5.98 bln
Net income rises 59.7% yr/yr to RMB107.2 mln, sixth consecutive profitable qtr
Non-GAAP net income increases 23.9% yr/yr, reflecting operational efficiency
Outlook
Company aims to maintain scale and achieve non-GAAP profits in Q3 2025
Result Drivers
ORDER GROWTH - Increase in average monthly transacting users and order frequency drove revenue growth, per CFO Song Wang
MARKET PENETRATION - New frontline fulfillment stations improved market penetration in East China
COST MANAGEMENT - Good Products Strategy reduced sales and marketing expenses, replacing traditional campaigns
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| RMB 5.98 bln |
|
Q2 Adjusted Net Income |
| RMB 127.80 mln |
|
Q2 Net Income |
| RMB 107.20 mln |
|
Q2 Operating Income |
| RMB 81.60 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy"
Wall Street's median 12-month price target for Dingdong (Cayman) Ltd is $3.45, about 32.8% above its August 20 closing price of $2.32
Press Release: ID:nPn5gR4CRa
Related Articles
Don't Miss Walmart's Aug 21 Earnings: $0.73 EPS Forecast, Grocery + E-Com Dual Engines – Unlimited Upside Potential?
TradingKey - Walmart's stock price has shown an overall fluctuating upward trend since the release of its first-quarter earnings report, benefiting from investors' favoritism towards Walmart as a defensive stock, as well as expectations for its stable growth in e-commerce and grocery businesses.
Powell's Jackson Hole Speech: For U.S. Stocks, Hawk or Dove Signal Could Be a Lose-Lose?
TradingKey - As U.S. inflation and labor market data show signs of rebalancing, Treasury traders and Wall Street banks have largely priced in a rate cut at the September FOMC meeting — the first of 2025. Yet both a more dovish-than-expected tone and a potential surprise hawkish signal from Fed Chair
Eurozone Q2 GDP Commentary: Will the Euro's Upward Momentum Persist?
TradingKey - On 14 August 2025, Eurostat published Q2 GDP figures, revealing a drop in the Eurozone's quarter-on-quarter growth from 0.6% in the first quarter to 0.1%. Consequently, annual growth eased from 1.5% to 1.4%. The slowdown primarily stems from the diminishing boost from European...
Ethereum Price Prediction: Will ETH Extend the Rally? What’s the Future Trend?
Ethereum's impressive 2025 rally has been largely fueled by inflows from spot ETFs and a surge in institutional holdings, signaling growing confidence in its role as a core asset in the crypto market. However, to officially confirm the start of a new bull cycle, ETH must break above the critical $4,
Bitcoin Price Forecast: Trends and Investment Outlook from 2025 to 2030
From $0.01 in 2009 to $120,000+ in 2025, Bitcoin has evolved from obscurity to a globally recognized financial asset. While institutions and governments increasingly embrace it, investors must remain vigilant against volatility, security risks, and scams.
