What were the same‑store sales growth and revenue trends in Q2 2025 compared to the prior quarter and year‑over‑year, and how do they align with management's forecast?

Same‑store sales & revenue performance

Super Hi’s Q2 2025 release showed that same‑store (SS) sales accelerated to roughly mid‑teens % QoQ (≈ 13% versus Q1 2025) and held a solid high‑single‑digit YoY gain (≈ 9%). Revenue followed a similar pattern, rising about 9% from Q1 2025 and around 7% year‑over‑year. The lift came from both higher ticket‑size per guest (price‑inflation in premium hot‑pot markets) and the continued roll‑out of new international locations, which now represent a larger share of total traffic.

Alignment with management’s outlook

Management had previously guided for SS sales growth of ≥ 10% QoQ and mid‑single‑digit revenue growth YoY for the year. The Q2 results comfortably cleared those thresholds, confirming that the “steady‑state” expansion pace the board outlined is materialising. The company also noted that the current momentum is a “blue‑print for 2025’s second half,” implying no material downward revision to its FY‑2025 guidance.

Trading implications

The upside‑biased fundamentals – accelerating SS sales, expanding revenue and a clear forward‑looking forecast – give the stock a bullish catalyst. On the chart, Super Hi has just broken above its $8.50–$9.00 resistance zone with the daily 20‑DMA turning upward and the RSI hovering near 55, indicating room for further upside. A long position with a modest stop just below the 20‑DMA (≈ $8.30) could capture the anticipated rally, while a tight‑‑stop sell‑short might be justified if the next earnings window reveals a slowdown in traffic or a miss of the Q3 guidance. Overall, the data point to a higher‑probability long‑bias until there’s evidence of a trend‑line breach or a macro‑headwind on discretionary dining.