MINISO Group (NYSE:MNSO) Posts Quarterly Earnings Results

MINISO Group (NYSE:MNSO) announced its quarterly earnings results 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 Price Performance

Shares of MNSO opened at $13.42 on Tuesday. The company has a current ratio of 1.66, a quick ratio of 1.23 and a debt-to-equity ratio of 0.76. The firm has a market cap of $4.16 billion, a price-to-earnings ratio of 24.85, a PEG ratio of 1.49 and a beta of 0.14. MINISO Group has a 52 week low of $13.37 and a 52 week high of $26.74. The stock has a 50 day moving average of $15.44 and a 200-day moving average of $18.00.

MINISO Group Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, May 4th. Stockholders of record on Monday, April 20th were given a $0.3764 dividend. The ex-dividend date was Monday, April 20th. This represents a dividend yield of 479.0%. MINISO Group’s dividend payout ratio (DPR) is presently 135.19%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of MNSO. Caitong International Asset Management Co. Ltd acquired a new stake in MINISO Group during the third quarter worth about $25,000. EverSource Wealth Advisors LLC boosted its holdings in shares of MINISO Group by 37.6% in the second quarter. EverSource Wealth Advisors LLC now owns 2,223 shares of the company’s stock valued at $41,000 after acquiring an additional 608 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in shares of MINISO Group by 28.3% during the third quarter. PNC Financial Services Group Inc. now owns 2,480 shares of the company’s stock valued at $56,000 after acquiring an additional 547 shares during the period. Atlas Capital Advisors Inc. acquired a new stake in MINISO Group in the fourth quarter worth approximately $126,000. Finally, Vise Technologies Inc. bought a new position in MINISO Group during the 3rd quarter valued at $214,000. 17.16% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on MNSO shares. Weiss Ratings reiterated a “hold (c)” rating on shares of MINISO Group in a report on Friday, March 27th. Zacks Research raised MINISO Group from a “strong sell” rating to a “hold” rating in a report on Thursday, February 5th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company 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.