HTI大众品零售价格跟踪：多数产品折扣力度较春节前增加-20240222-海通国际-11页

研究报告ResearchReport22Feb2024中国食品饮料ChinaFood&BeverageHTI大众品零售价格跟踪：多数产品折扣力度较春节前增加TheDiscountsonMostProductsareHigherThanThoseBeforetheSpringFestival[观Ta点bl聚e_焦yemInevie1s]tmentFocus[Table_Info](PleaseseeAPPENDIX1forEnglishsummary)股票名称评级股票名称评级液态奶、方便食品、软饮料、啤酒及调味品2月以来折扣力度贵州茅台Outperform水井坊Outperform有所加大。五粮液Outperform酒鬼酒Outperform山西汾酒Outperform汤臣倍健Outperform液态奶代表产品的折扣率（实际到手价格/平台标注原价）平均泸州老窖Outperform珠江啤酒Outperform值/中位值分别由上月末的76.1%/75.3%变化至本周的海天味业Outperform金龙鱼Outperform71.2%/66.6%。洋河股份Outperform百润股份Outperform古井贡酒Neutral千禾味业Outperform方便食品代表产品的折扣率平均值/中位值分别由上月末的青岛啤酒Outperform盐津铺子Outperform89.6%/92.3%变化至本周的86.8%/88.4%。东鹏饮料Outperform张裕AOutperform今世缘Outperform金徽酒Outperform软饮料代表产品的折扣率平均值/中位值分别由上月末的迎驾贡酒Outperform伊力特Outperform90.5%/90.0%变化至本周的88.0%/90.0%。重庆啤酒Outperform恒顺醋业Outperform舍得酒业Outperform新乳业Outperform啤酒代表产品的折扣率平均值/中位值分别由上月末的口子窖Outperform承德露露Outperform81.5%/82.8%变化至本周的80.4%/82.0%。安井食品Outperform龙大美食Outperform燕京啤酒Outperform古越龙山Outperform调味品代表产品的折扣率平均值/中位值分别由上月末的90.7%/10...