MINISO Group's stock experienced volatility, but is now considered undervalued with promising growth potential, leading to an upgrade to a 'buy' rating. Q4 2024 earnings showed 23% revenue growth and 20% adjusted net income growth, driven by new store launches and strong overseas performance. Key concerns include declining SSSG in China, potential U.S. tariff impacts, Yonghui Supermarket's fina...
MINISO Group Holding Limited (NYSE:MNSO ) Q4 2024 Earnings Conference Call March 21, 2025 5:00 AM ET Company Participants Raine Hu - Investor Relations Guofu Ye - Founder, Chairman and Chief Executive Officer Eason Zhang - Chief Financial Officer and Vice President Conference Call Participants Michelle Cheng - Goldman Sachs Xiaopo Wei - Citigroup Anne Ling - Jefferies Samuel Wang - UBS Lucy Yu ...
Diluted EPS and Adjusted Diluted EPS Up 16.7% and 16.0% respectively in 2024 Gross Margin Hit A Record High of 44.9% in 2024, Powered by Eight-Consecutive-Quarter Growth Overseas MINISO Stores Achieved Milestone of 3,000 Net New Stores of MINISO Group Over 1,200 Returned RMB1,574.5 Million to Shareholders in 2024 GUANGZHOU, China , March 21, 2025 /PRNewswire/ -- MINISO Group Holding Limited (NY...
GUANGZHOU, China , March 7, 2025 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO; HKEX: 9896) ("MINISO", "MINISO Group" or the "Company"), a global value retailer offering a variety of trendy lifestyle products featuring IP design, today announced that it plans to release its December quarter and the full year of 2024 financial results before the U.S. market opens on Friday, March 21, ...
MINISO Welcomed Over 1.2 Million New USA Members in 2024, Signifying Successful Brand Enhancement and Global Expansion Journey NEW YORK , Feb. 7, 2025 /PRNewswire/ -- In January 2025, Global lifestyle brand MINISO rolled out an upgraded membership program, packing it with exciting perks such as birthday blind box cards, points for discounts, and reduced SVIP thresholds. These exclusive benefits...
GUANGZHOU, China , Jan. 17, 2025 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO; HKEX: 9896) ("MINISO", "MINISO Group" or the "Company"), a global value retailer offering a variety of trendy lifestyle products featuring IP design, today announced that the previously announced extraordinary general meeting of the Company's shareholders (the "EGM") to seek shareholder approval for the p...
BANGKOK , Jan. 15, 2025 /PRNewswire/ -- Global lifestyle brand MINISO celebrated the grand opening of its Thailand flagship store in Bangkok on January 11, 2025. The event was attended by renowned Thai actress Davika Hoorne, who joined the ribbon-cutting ceremony.
Reinitiating coverage on with a "Buy" rating, driven by strong growth prospects and attractive valuations, following a 60% stock return since August 2024. Miniso's Q3 2024 results show robust financial performance, with revenue growth of 19.3% and a healthy adjusted EBITDA margin of 25.2%. Aggressive global expansion and strategic investments, including a 29.4% stake in Yonghui Superstores, sup...
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