1. MNSO reported 18.9% revenue growth year-over-year to RMB4,427 million. 2. Gross margin increased to 44.2%, highest for March quarters. 3. Adjusted EBITDA rose 7.5% year-over-year to RMB1,037.3 million. 4. Cash position stood strong at RMB7,255.3 million as of March 2025. 5. Significant international expansion with 70% new stores overseas.
The significant revenue growth and margin improvement indicate strong operational efficiency, which typically supports stock price increases. Historical trends show positive price movements following similar earnings impressiveness in retail sectors.
Positive financial metrics and growth signals strong company performance, likely attracting investor interest and impacting stock price favorably.
The immediate positive earnings report can drive short-term market sentiment and stock price increases. This momentum is often observed within the few weeks following a successful quarterly report.
Significant sequential improvement of same-store sales(1) in MINISO mainland China for March Quarter.
Gross margin reached 44.2%, up 0.8 ppt year over year.
Adjusted EBITDA increased 7.5% year over year to RMB1,037.3 million.
Shareholder returns reached around RMB986.9 million year to date.
GUANGZHOU, China, May 23, 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 its unaudited financial results for the quarter ended March 31, 2025 (the "March Quarter").
(1) "Same-store sales" refers to the daily sale on per store basis generated by those stores that opened prior to the beginning of the comparative periods and remained open as of the end of the comparative periods and closed for less than 30 days during both comparative periods.
(2) See the sections titled "Non-IFRS Financial Measures" and "Reconciliation of Non-IFRS Financial Measures" in this press release for more information.
(3) "Cash position" refers to the combined balance of the Company's cash and cash equivalents, restricted cash, term deposits with original maturity over three months, and other investments recorded as current assets.
| As of | March 31, 2024 | March 31, 2025 | YoY |
|---|---|---|---|
| Number of stores on group level | 6,790 | 7,768 | 978 |
| Number of MINISO stores | 6,630 | 7,488 | 858 |
| Mainland China | 4,034 | 4,275 | 241 |
| Overseas | 2,596 | 3,213 | 617 |
Mr. Guofu Ye, Founder, Chairman, and CEO of MINISO, commented, "We delivered a solid March Quarter to kick off 2025 and are pleased to see our revenue grow by 18.9% year over year. Our revenue growth was mainly attributable to a 9.1% revenue growth in MINISO mainland China, an acceleration from September and December quarter last year, powered by a solid recovery in same-store sales...".
Mr. Eason Zhang, CFO of MINISO, commented, "Gross margin for March Quarter reached 44.2%, which was the highest for the past March quarters ever...".
Revenue was RMB4,427.0 million (US$610.1 million), representing an increase of 18.9% year over year...
Profit for the period was RMB416.5 million (US$57.4 million)...
The Company's management will hold an earnings conference call at 5:00 A.M. Eastern Time on Friday, May 23, 2025...
MINISO Group is a global value retailer offering a variety of trendy lifestyle products featuring IP design...
For more information on the non-IFRS financial measures, please see the sections titled "Non-IFRS Financial Measures" and "Reconciliation of Non-IFRS Financial Measures" set forth in this press release.