Goodbaby International Announces First Quarter Revenue Performance
Group Revenue Up 6.4% YoY In A Challenging Environment;
CYBEX Delivers Strong 12.9% Growth, Significantly Gaining Market Shares
Key Revenue Highlights
-
Group revenue:
HK$2,166.0 million , an increase of 6.4% fromHK$2,034.9 million in the same period of 2025, continuing to consolidate its global leading position; -
CYBEX: revenue
HK$1,293.1 million , an increase of 12.9% based on strong business momentum, continuing to gain market shares across markets and categories; - Evenflo: revenue growth of 3.1%, supported by very strong growth in strollers and home goods;
- gb: slight revenue decrease amid ongoing brand transformation focusing on core durables categories, with strong growth recorded in car seats;
- Blue Chip: revenue declined against a high comparable base in the same period of 2025 resulting from front-loaded orders from customers.
Brand Performance Review
CYBEX
Achieved robust double-digit growth on a high base in a challenging environment, reinforcing its position as the global leading premium "technical – lifestyle" brand. CYBEX continued to significantly gain market shares across markets and categories, supported by strong business momentum;
Evenflo
Recorded revenue growth, mainly driven by very strong performance in strollers and home goods. Evenflo consolidated its leading position in the North American market as it stabilizes its business;
gb
Recorded a slight revenue decrease in line with business focus on core durables categories under business transformation; gb remained a top-tier consumer brand with strong recognition in the
Blue Chip
Revenue declined from a high base in the same period of 2025 resulting from front-loaded orders. The Group continued to deliver efficient, high-quality and timely services to its Blue Chip customers.
Management Comment
Mr. Tongyou LIU,
"Against a complex and uncertain macro environment, the Group delivered solid revenue performance in the first quarter, further consolidating our global leading position. We expect challenges to persist in the remainder of 2026, such as inflation, raw material cost increases, unfavorable foreign exchange fluctuations, negative consumer sentiment and logistics disruptions, caused by intensified geopolitical tensions. We will stay focused on our long-term strategy of globalization and operations of own brand portfolio, execute planned agenda prudently and leverage the advantages of our integrated platform that combines diversified manufacturing and operational services to support sustainable long-term growth."
About Goodbaby International Holdings Limited
For more information, please visit Goodbaby's corporate website: www.gbinternational.com.hk.
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