MINISO

MNSO

Market cap $4.1B

Miniso reported robust 28.5% y/y revenue growth, driven by overseas expansion and TOP TOY, but faced margin compression concerns. Adjusted operating margin fell to 14.7% as selling and distribution expenses outpaced revenue growth, pressuring profitability. Management pivots to quality-over-quantity expansion, guiding for high double-digit revenue growth and 450-500 net store additions in FY26.

MINISO Group Holding Limited (MNSO) Q1 2026 Earnings Call Transcript

Group Revenue Grew by 28.5% to RMB 5,688.4 million and Surpassed Expectation Powered by Mid-single Digit SSSG (1) MINISO Chinese Mainland Delivered its Fifth Consecutive Quarter of Accelerating Growth Operating Profit Grew by 114.3% YoY, with Margin of 26.7% Adjusted Operating Profit (2) Excluding FX (3) grew by 14.3% YoY, with Margin of 14.7% Profit for the Period Grew by 199.7% YoY, with Margin of 21.9% Adjusted Net Profit (2) Excluding FX (3) grew by 8.1% YoY, with Margin of 11.1% GUANGZHOU, China, May 26, 2026 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO; HKEX: 9896) ("MINISO", "MINISO Group" or the "Company"), a global high-growth value retailer offering a variety of trendy lifestyle products featuring distinctive IP designs, today announced its unaudited financial results for the quarter ended March 31, 2026 ( "26Q1"). Selected Financial Information Item For the quarter ended March 31, Year-over- year  ("YoY") change 2025 2026 (Unaudited) (Unaudited) RMB million RMB million US$ million Revenue 4,427.0 5,688.4 824.6 28.5 % Gross profit 1,958.0 2,464.0 357.2 25.8 % Operating profit 709.8 1,521.4 220.6 114.3 % Adjusted operating profit(2) excluding FX(3) 733.1 838.1 121.5 14.3 % Profit for the period 416.5 1,248.1 180.9 199.7 % Adjusted net profit(2) excluding FX(3) 585.6 633.1 91.8 8.1 % Store Network Expansion As of March 31, 2026, the Company's total store count reached 8,565, representing a net increase of 797 YoY and 80 YTD(4).

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

MINISO Group Holding Limited Unsponsored ADR (MNSO) concluded the recent trading session at $14.11, signifying a -1.4% move from its prior day's close.

MINISO Group Holding Limited Unsponsored ADR (MNSO) reached $14.83 at the closing of the latest trading day, reflecting a +1.37% change compared to its last close.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

MINISO Group Holding Limited Unsponsored ADR (MNSO) closed the most recent trading day at $14.79, moving +1.79% from the previous trading session.

GUANGZHOU, China, April 24, 2026 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO; HKEX: 9896) ("MINISO", "MINISO Group" or the "Company"), a global high-growth value retailer offering a variety of trendy lifestyle products featuring distinctive IP designs, today announced that it will hold an annual general meeting of the Company's shareholders (the "AGM") at 11:00 a.m. Beijing time on June 18, 2026 at Flats B-D, 35/F, Plaza 88, 88 Yeung Uk Road, Tsuen Wan, the New Territories, Hong Kong, for the purposes of considering and, if thought fit, passing each of the proposed resolutions set forth in the notice of the AGM (the "AGM Notice").

GUANGZHOU, China, April 23, 2026 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO; HKEX: 9896) ("MINISO", "MINISO Group" or the "Company"), a global high-growth value retailer offering a variety of trendy lifestyle products featuring distinctive IP designs, today announced that the Company has been informed by Mr. Guofu Ye, the Chairman of the board of directors and Chief Executive Officer of the Company, that based on his confidence in the Company's value and long-term business prospects, he intends to increase his shareholding in the Company within 12 months commencing from the date of this press release by purchasing shares of the Company (including American Depositary Shares ("ADSs") and/or ordinary shares listed on The Stock Exchange of Hong Kong Limited (the "HKEX")) in the open market or through private transactions, directly or through entities controlled by him, using his own funds, for an aggregate amount of not less than HK$50.0 million (or approximately US$6.4 million).