Com7's 3Q Sales Momentum Likely to Remain Strong -- Market Talk

0911 GMT - Com7's 3Q sales momentum is likely to remain strong, says DBS Group Research's Nantika Wiangphoem in a note. The Thai IT product retailer's same-store sales growth is estimated at around 10% and compares with a low single-digit percentage gain in 1H, she says. The growth is likely due to higher product prices and healthy demand for iPhones, she adds. Meanwhile, gains in 4Q are likely to be supported by new iPhone products, she adds, noting that demand for the latest iPhone 18 series is outperforming its predecessor. DBS maintains a buy rating and 35.00 baht target price. Shares last at 30.75 baht. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

September 28, 2026 05:11 ET (09:11 GMT)