MR. D.i.y. Holding's 4Q Earnings Could Hit Record High
Dow Jones
Yesterday
0240 GMT - MR. D.I.Y. Holding (Thailand)'s 4Q earnings are likely to hit a record high, driven by tailwinds including new store openings, Maybank Securities (Thailand)'s Suttatip Peerasub says in a research report. The home-improvement and lifestyle retailer remains on track to meet its target of opening 210 new stores in 2026. A total of 125 new stores were opened in 1H, while the company has secured locations for the remaining 85 stores, the analyst notes. Earnings are also expected to be supported by stronger consumer spending during the year-end. Maybank maintains a buy rating on the stock and target price of 11.30 baht. Shares closed at 9.05 baht.
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