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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Health and Happiness (H&H) International
Health and Happiness (H&H) International (1112) investor relations material
Health and Happiness (H&H) International Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary26 Oct, 2026
Executive summary
Nine-month revenue rose 24.5% reported and 24.4% LFL to RMB13,448.0m, driven mainly by ANC and BNC growth.
High-margin nutritional supplements represented 59.5% of revenue; Q3 investment increased for strategic launches and core and selected expansion markets.
Financial highlights
Q3 revenue was RMB4,752.1m, up 25.5% reported and 25.8% LFL YoY.
Nine-month nutritional supplements revenue rose 14.8% reported and 14.6% LFL; IMF revenue grew 53.5% reported.
VHMS products grew 16.6% LFL, paediatric probiotics and kids nutritional supplements 9.4%, and pet supplements 8.1%.
Outlook and guidance
Investment will continue in high-margin supplements and IMF, with a stated aim of sustainable growth and a healthy level of profitability.
Chinese mainland plans include marketing for ANC launches and brand building, Douyin and new retail penetration, and BNC mother education and Stage 3 IMF conversions.
North America priorities include Zesty Paws channel expansion and innovation, and Solid Gold growth in high-margin categories and e-commerce; ANZ and expansion markets will focus on innovation and channel expansion.
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Latest events from Health and Happiness (H&H) International
- Revenue up 23.9%, adjusted EBITDA up 71.9%, and net leverage ratio reduced to 2.05x.1112
H1 2026 - Infant formula growth exceeds 72%, driven by innovation, quality, and a resilient Isigny partnership.1112Investor Day 2026
- Q1 2026 revenue rose 34.4% with strong growth in nutrition and robust cash flow; outlook positive.1112Q1 2026 TU
- Double-digit revenue and profit growth, lower leverage, and market leadership in key segments.1112H2 2025
- Revenue up 4.9% with strong China growth, higher adjusted net profit, and interim dividend declared.1112H1 2025
- Revenue and profit fell as IMF declined, but nutrition supplements and cash flow improved.1112H1 2024
- Supplements now drive 67.7% of revenue as IMF falls, with 2025 set for recovery.1112H2 2024
Next Health and Happiness (H&H) International earnings date
H2 202624 Mar, 2027
Health and Happiness (H&H) International
Next Health and Happiness (H&H) International earnings date
H2 202624 Mar, 2027
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Frequently asked questions
Health and Happiness (H&H) International Holdings Limited is a Hong Kong-based company engaged in the development, marketing, and distribution of health and wellness products. The company operates through key segments including baby nutrition and care, adult nutrition and wellness, and pet nutrition and care. Its product portfolio features vitamins, supplements, probiotics, and organic baby food under various international brand names. H&H serves global markets through retail, e-commerce, and healthcare channels. The company is headquartered in Hong Kong, and its shares are listed on the HKEX.