MINISO Group (NYSE:MNSO – Get Free Report) announced its quarterly earnings results on Tuesday. The company reported $0.59 earnings per share (EPS) for the quarter, Zacks reports. MINISO Group had a return on equity of 11.15% and a net margin of 5.56%.
Here are the key takeaways from MINISO Group’s conference call:
- MINISO delivered strong Q1 results, with revenue up 28.5% to about CNY 5.7 billion, adjusted net profit up 8%, and operating and free cash flow both growing at healthy double-digit rates.
- China’s store upgrade strategy is gaining traction: the company added 380 stores in China, but per-store GMV rose 25%, and management said franchisee profitability hit a recent high as larger-format stores attract more applications.
- Membership is becoming a major growth engine in China, with members contributing 73% of sales in Q1 and repeat purchase behavior improving as the company shifts from traffic-driven to retention-driven growth.
- Overseas markets remain mixed but improving: Indonesia is still being worked through with better membership and repeat-purchase initiatives, while the U.S. is benefiting from price adjustments, localized supply chain upgrades, and the company’s view that tariffs/inflation are manageable.
- Management reiterated a constructive full-year outlook, guiding for high-double-digit revenue growth, 450-500 net store additions, and faster adjusted net profit growth ex-forex, while also highlighting stronger Europe, Mexico, and TOP TOY momentum.
MINISO Group Stock Down 0.8%
NYSE MNSO opened at $13.42 on Tuesday. MINISO Group has a 1-year low of $13.37 and a 1-year high of $26.74. The company has a market capitalization of $4.16 billion, a price-to-earnings ratio of 24.85, a PEG ratio of 1.49 and a beta of 0.14. The stock’s 50 day moving average is $15.44 and its two-hundred day moving average is $18.00. The company has a current ratio of 1.66, a quick ratio of 1.23 and a debt-to-equity ratio of 0.76.
MINISO Group Dividend Announcement
Institutional Trading of MINISO Group
Several institutional investors have recently bought and sold shares of MNSO. Caitong International Asset Management Co. Ltd bought a new stake in MINISO Group in the third quarter valued at $25,000. EverSource Wealth Advisors LLC boosted its stake in shares of MINISO Group by 37.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,223 shares of the company’s stock valued at $41,000 after purchasing an additional 608 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of MINISO Group by 28.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,480 shares of the company’s stock worth $56,000 after purchasing an additional 547 shares during the last quarter. Atlas Capital Advisors Inc. acquired a new stake in shares of MINISO Group during the 4th quarter worth about $126,000. Finally, Vise Technologies Inc. bought a new position in MINISO Group during the 3rd quarter valued at about $214,000. Institutional investors and hedge funds own 17.16% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages recently commented on MNSO. Zacks Research upgraded shares of MINISO Group from a “strong sell” rating to a “hold” rating in a report on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of MINISO Group in a research report on Friday, March 27th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, MINISO Group currently has a consensus rating of “Hold” and a consensus target price of $24.60.
Read Our Latest Report on MINISO Group
About MINISO Group
MINISO Group (NYSE: MNSO) is a global retailer specializing in lifestyle and consumer goods. Since its founding in 2013, the company has focused on offering affordable, design-driven products across a broad range of categories. MINISO’s stores feature a clean, minimalist layout and emphasize a “fast fashion” inventory model designed to turn over goods quickly and respond to emerging trends.
The company’s product mix spans household items, kitchenware, cosmetics and personal care, stationery, toys, digital accessories, apparel and seasonal items.
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