美团-W(03690)1Q23业绩点评：核心本地业务全面复苏，业绩超预期

西部证券2023-05-26

事件：公司1Q23实现营收586.17亿元，YOY+26.7%；经调整盈利净额为54.91亿元，上年同期亏损35.86亿元。核心本地业务全面复苏。1Q23核心本地商业营收428.85亿元，YOY+25.5%，经营利润率同比增长8.2pct至22.0%，平台即时配送(外卖+闪购)交易笔数达到42.67亿笔，YOY+14.9%。公司积极把握持续复苏的餐饮外卖需求，迭代商家运营策略，并尝试直播、短视频等...

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