Qiaqia Food: Lower sunflower seed costs support recovery, while nut costs weigh on earnings forecasts
Third-quarter profit fell short of Goldman Sachs’ expectations, prompting it to lower its earnings forecasts for 2026–2028. Lower sunflower seed procurement prices and earlier shipments ahead of the Spring Festival should support subsequent performance, but nut costs and diverging trends across established and newer channels continue to limit the recovery.
Goldman Sachs ·