食品饮料行业周报：板块回调优质公司投资价值逐步显现

申万宏源研究2025-08-02

本期投资提示：投资分析意见：传统消费的头部企业经过调整，从分红和股息角度已具备长期投资价值；上半年活跃的具备新消费特点的食品个股后期将随业绩分化而分化，我们看好真正有长期竞争力和改善空间的公司。白酒：由于宏观需求复苏缓慢和消费场景进一步受限，预计今年动销端压力仍然较大，报表端仍将承压。重点推荐：贵州茅台、山西汾酒、泸州老窖，关注五粮液、今世缘、迎驾贡酒。大众品：成本红利托底盈利，新品和新渠道共振...

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食品饮料行业周报：板块回调 优质公司投资价值逐步显现

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食品饮料行业周报：板块回调优质公司投资价值逐步显现