MINISO Group (NYSE:MNSO) Issues Quarterly Earnings Results

MINISO Group (NYSE:MNSO) posted its quarterly earnings data on Tuesday. The company reported $0.59 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 Performance

NYSE MNSO opened at $13.27 on Tuesday. The stock has a market capitalization of $4.11 billion, a price-to-earnings ratio of 24.57, a PEG ratio of 1.49 and a beta of 0.14. The business’s 50 day moving average is $15.44 and its two-hundred day moving average is $18.00. MINISO Group has a 12-month low of $13.06 and a 12-month high of $26.74. 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

The firm also recently disclosed a dividend, which was paid on Monday, May 4th. Shareholders of record on Monday, April 20th were issued a $0.3764 dividend. This represents a yield of 479.0%. The ex-dividend date of this dividend was Monday, April 20th. MINISO Group’s payout ratio is currently 135.19%.

Institutional Trading of MINISO Group

A number of institutional investors have recently modified their holdings of the business. Royal Bank of Canada raised its position in MINISO Group by 66.4% in the first quarter. Royal Bank of Canada now owns 26,928 shares of the company’s stock worth $498,000 after acquiring an additional 10,747 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of MINISO Group by 1.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 315,424 shares of the company’s stock worth $5,832,000 after purchasing an additional 5,086 shares in the last quarter. Creative Planning boosted its position in shares of MINISO Group by 45.1% during the 2nd quarter. Creative Planning now owns 16,662 shares of the company’s stock worth $304,000 after purchasing an additional 5,177 shares in the last quarter. American Century Companies Inc. grew its stake in shares of MINISO Group by 0.4% during the 2nd quarter. American Century Companies Inc. now owns 133,224 shares of the company’s stock worth $2,427,000 after purchasing an additional 595 shares during the period. Finally, EverSource Wealth Advisors LLC grew its stake in shares of MINISO Group by 37.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,223 shares of the company’s stock worth $41,000 after purchasing an additional 608 shares during the period. 17.16% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on MNSO. Weiss Ratings reissued a “hold (c)” rating on shares of MINISO Group in a report on Friday, March 27th. Zacks Research upgraded shares of MINISO Group from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 5th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, MINISO Group currently has a consensus rating of “Hold” and a consensus price target of $24.60.

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.