MINISO Group (NYSE:MNSO) Issues Earnings Results

MINISO Group (NYSE:MNSO) released its quarterly earnings data on Tuesday. The company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.35, Zacks reports. MINISO Group had a net margin of 5.56% and a return on equity of 11.15%. The company had revenue of $824.42 million for the quarter, compared to analysts’ expectations of $805.60 million.

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

Shares of MNSO opened at $12.97 on Wednesday. The stock has a market capitalization of $4.02 billion, a P/E ratio of 24.02, a P/E/G ratio of 1.49 and a beta of 0.14. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.23 and a current ratio of 1.66. MINISO Group has a 1 year low of $12.93 and a 1 year high of $26.74. The company’s fifty day moving average is $15.37 and its two-hundred day moving average is $17.94.

MINISO Group Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, May 4th. Shareholders of record on Monday, April 20th were paid 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 Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd purchased a new stake in MINISO Group in the 3rd quarter valued at about $25,000. EverSource Wealth Advisors LLC grew its holdings in 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 buying an additional 608 shares during the period. PNC Financial Services Group Inc. grew its holdings in MINISO Group by 28.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,480 shares of the company’s stock valued at $56,000 after buying an additional 547 shares during the period. Atlas Capital Advisors Inc. purchased a new stake in MINISO Group in the 4th quarter valued at about $126,000. Finally, Vise Technologies Inc. purchased a new stake in MINISO Group in 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

A number of equities analysts have recently issued reports on MNSO shares. Weiss Ratings restated a “hold (c)” rating on shares of MINISO Group in a research 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 research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $24.60.

MINISO Group Company Profile

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.