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Pop Mart reports third-quarter sales down up to 50% from a year earlier

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Coverage spectrum

Covered by 3 outlets, mostly center (67%).

3 articles in total. The spectrum counts each outlet once and leaves opinion out. How we measure bias

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Pop Mart International Group, the Chinese maker of Labubu dolls, reported a drop in third-quarter sales from a year earlier. Bloomberg, the Financial Times and CNBC report declines of up to 50%. CNBC, citing a company filing, puts the revenue drop at 45% to 50% and says revenue in the Americas fell 70% to 75%, a steeper decline than elsewhere. Shares have fallen more than 30% so far this year. Bloomberg attributes the sales fall to fading momentum for Labubu and a tough comparison with last year’s strong results.

Headline and summary written by Mantle’s AI from the coverage below, under published rules. How this works

What happened

Key points

Each point shows who reports it, from Far Left to Far Right.

  1. Pop Mart reported a drop in third-quarter sales from a year earlier.

    Reported byLeft1Center2See the outletsHide the outlets
    Left
    Bloomberg
    Center
    Financial Times, CNBC

  2. Third-quarter sales fell by up to 50% year on year.

    Reported byLeft1Center2See the outletsHide the outlets
    Left
    Bloomberg
    Center
    Financial Times, CNBC

  3. According to the company’s filing, third-quarter revenue fell 45% to 50% year on year.

    One outletCNBC· Center

  4. Revenue in the Americas fell 70% to 75%, the steepest overseas decline, according to CNBC.

    One outletCNBC· Center

  5. Pop Mart shares have fallen more than 30% so far this year.

    One outletCNBC· Center

  6. Bloomberg attributes the drop to fading Labubu momentum and a tough comparison with last year’s blockbuster results.

    One outletBloomberg· Left

How each side tells it

Compare views

All three outlets report that Pop Mart’s third-quarter sales fell by up to 50% from a year earlier. The left-rated outlet attributes the drop to a fading Labubu fad against a tough comparison, while the center outlets stress sinking sales and falling shares.

  • the left

    1 outlet

    Bloomberg, the left-rated outlet here, frames the drop as a fading craze, pairing the sales fall of up to 50% with the word Fad.

    Pop Mart Third-Quarter Sales Fall Up to 50% as Labubu Loaded modifier“Fad”Calls the product’s popularity a passing fad, a judgement the reported results do not state.More neutral: popularityDisagree with this highlight? Cools
    BloombergLeftAll left-leaning headlines

  • the center

    2 outlets

    Both center headlines lead with falling sales and a sinking share price, using words such as sinking, plunge and ebbs.

    Labubu-maker Pop Mart's shares extend declines as third-quarter sales plunge
    CNBCCenterAll center headlines

  • the right

    No coverage yet

    No right-leaning outlet that Mantle follows has covered this story yet. That absence is part of the picture.

The words they chose

Language to notice

Words that carry a judgement beyond the facts. Tap a highlighted word anywhere on the page to see why.

  • Left1

    Fad

  • Center0

    No loaded words in its own voice.

  • Right

    Has not covered this story.

In the outlets’ own words

  • Loaded modifier

    FadMore neutral: popularity

    Calls the product’s popularity a passing fad, a judgement the reported results do not state.

    Pop Mart Third-Quarter Sales Fall Up to 50% as Labubu Fad Cools

    Used byBloomberg (Left)

See the full language guide

See for yourself

Side by side

What each side leads with and what it leaves out. Open a side to read its headlines.

From the left

1 outlet

Leads with

  • fading Labubu momentum
  • tough comparison with last year’s results
  • sales decline of up to 50%
See the headline from the leftHide the headlines
  • BloombergLeft

    Pop Mart Third-Quarter Sales Fall Up to 50% as Labubu Loaded modifier“Fad”Calls the product’s popularity a passing fad, a judgement the reported results do not state.More neutral: popularityDisagree with this highlight? Cools

    Pop Mart International Group Ltd. reported a decline in third-quarter sales from a year earlier, hurt by fading Labubu momentum and a tough base of comparison following last year’s blockbuster results.

    Read at Bloomberg (opens in a new tab)

From the center

2 outlets

Leads with

  • revenue drop of up to 50%
  • falling share price
  • waning demand for Labubu
See the 2 headlines from the centerHide the headlines

From the right

0 outlets

No right-leaning outlet that Mantle follows has covered this story yet. That absence is part of the picture.

The stories you read build My Mix, a private picture of which sides cover the stories you choose, kept on this device. What is My Mix?

The left is Far Left and Left together. The right is Right and Far Right together. Every outlet keeps its own five-point rating.

Who reported it when

How the coverage built up

  • Left

    First to report

    Bloomberg, Oct 27, 4:42 AM EDT

  • Center

    4 hr 58 min later

    Its first report, Oct 27, 9:40 AM EDT

  • Right

    No report yet

    From the outlets Mantle follows

See the order the outlets reported inHide the order
  1. BloombergLeftOct 27, 4:42 AM EDT
  2. Financial TimesCenterOct 27, 9:40 AM EDT
  3. CNBCCenterOct 27, 10:57 PM EDT

Times are the ones the outlets published in their own feeds, in Eastern time. Opinion is left out.

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