MINISO Group Holding ADR A

MINISO reported Q1 adjusted EPS of RMB1.80 (RMB1.92 prior year) and revenue of RMB5.688 billion, up from RMB4.427 billion, with group-level revenue rising 28.5% year-over-year. Mainland China sales grew 29.6% with another quarter of accelerating growth and high-single-digit same-store sales, while overseas revenue climbed 21.9% with low-single-digit same-store sales; TOP TOY sales jumped 51.4%. Following the results, JPMorgan cut its price target on MINISO to $16 from $26 but maintained an Overweight rating. » Mere på finance.yahoo.com

Miniso reported Q1 revenue of 5.69 billion yuan, beating analysts' estimates; the core brand generated 5.17 billion yuan. The TOP TOY brand lagged expectations with 514.5 million yuan. Adjusted operating profit (755.5 million yuan), adjusted net profit (550.6 million yuan) and adjusted earnings per ADR (1.80 yuan) were below estimates. The company operated 8,210 stores at the end of the quarter, missing the expected store growth. » Mere på de.investing.com

The Chinese retail chain Miniso is expanding rapidly in Germany and now operates 13 stores, 11 of them opened this year. The chain is launching larger locations in central pedestrian zones, most recently in Düsseldorf (over 500 m²), as well as sites in Hannover, Münster, Munich and Aachen. For 2026 Miniso plans a significantly larger store in Cologne of almost 2,000 m², backed by well-known partners and a financially strong parent company. » Mere på wiwo.de

Miniso has submitted an application to list its Top Toy subsidiary on the Hong Kong Stock Exchange, with details of the proposed spin-off still to be finalised. Top Toy was recently valued at about HK$10 billion in a Temasek-led financing and counts IP partners such as Sanrio, Marvel and Disney. As of June 30 Top Toy operated 293 stores (283 in mainland China); Miniso had over 7,600 stores globally and a market capitalization of about HK$53 billion. Miniso's Hong Kong-listed shares have risen nearly 31% over the past year. » Mere på forbes.com