MINISO Q1 Revenue Jumps 19%, Overseas Growth Shines at 30%

Earnings Call

23 May

1. Q1 Revenue: 4.43 billion RMB, up 19% year-over-year, exceeding guidance of 15-18% growth.
2. Domestic Revenue: 2.49 billion RMB, up 9% year-over-year.
3. Overseas Revenue: 1.59 billion RMB, up 30% year-over-year.
4. Same-store sales in China improved significantly, with positive growth during May Day holiday.
5. Focus on opening larger, high-quality stores. New stores average 300 sqm, up 27% from last year.
6. Gross margin increased by 1 percentage point to 44.2% compared to last year.
7. Operating expenses increased due to direct store expansion, especially in overseas markets.
8. Adjusted operating profit margin was 16.6%, down 4.2 percentage points year-over-year.
9. The company maintains its goal of achieving positive same-store sales growth in China for the full year.
10. MINISO continues to focus on IP collaborations, product innovation, and channel upgrades to drive growth.
Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/1184428745"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1184428745\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/1184428745?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-23 17:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1184428745","market":"us","top_or_hot":-1,"title":"MINISO Q1 Revenue Jumps 19%, Overseas Growth Shines at 30%","media":"Earnings Call","content":"<br>1. Q1 Revenue: 4.43 billion RMB, up 19% year-over-year, exceeding guidance of 15-18% growth.<br>2. Domestic Revenue: 2.49 billion RMB, up 9% year-over-year.<br>3. Overseas Revenue: 1.59 billion RMB, up 30% year-over-year.<br>4. Same-store sales in China improved significantly, with positive growth during May Day holiday.<br>5. Focus on opening larger, high-quality stores. New stores average 300 sqm, up 27% from last year.<br>6. Gross margin increased by 1 percentage point to 44.2% compared to last year.<br>7. Operating expenses increased due to direct store expansion, especially in overseas markets.<br>8. Adjusted operating profit margin was 16.6%, down 4.2 percentage points year-over-year.<br>9. The company maintains its goal of achieving positive same-store sales growth in China for the full year.<br>10. MINISO continues to focus on IP collaborations, product innovation, and channel upgrades to drive growth.<br>Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MINISO Q1 Revenue Jumps 19%, Overseas Growth Shines at 30%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMINISO Q1 Revenue Jumps 19%, Overseas Growth Shines at 30%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1002722034\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/decf3d8a922fc5c1c1d787bf8b36173f);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Earnings Call </p>\n<p class=\"h-time\">2025-05-23 17:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<br>1. Q1 Revenue: 4.43 billion RMB, up 19% year-over-year, exceeding guidance of 15-18% growth.<br>2. Domestic Revenue: 2.49 billion RMB, up 9% year-over-year.<br>3. Overseas Revenue: 1.59 billion RMB, up 30% year-over-year.<br>4. Same-store sales in China improved significantly, with positive growth during May Day holiday.<br>5. Focus on opening larger, high-quality stores. New stores average 300 sqm, up 27% from last year.<br>6. Gross margin increased by 1 percentage point to 44.2% compared to last year.<br>7. Operating expenses increased due to direct store expansion, especially in overseas markets.<br>8. Adjusted operating profit margin was 16.6%, down 4.2 percentage points year-over-year.<br>9. The company maintains its goal of achieving positive same-store sales growth in China for the full year.<br>10. MINISO continues to focus on IP collaborations, product innovation, and channel upgrades to drive growth.<br>Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09896","symbol_name":"名创优品","start_time":0,"source_url":"","article_id":"1184428745","we_media_id":"1002722034","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1184428745","pubTimestamp":1747992776,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Earnings Call","introduction":"real-time reporting","home_visible":1,"id":"1002722034","head_image":"https://community-static.tradeup.com/news/decf3d8a922fc5c1c1d787bf8b36173f"},"summary":"1. Q1 Revenue: 4.43 billion RMB, up 19% year-over-year, exceeding guidance of 15-18% growth.2. Domes","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"09896":"名创优品","MNSO":"名创优品"},"translate_title":"名创优品Q1营收跃升19%，海外增长30%","themeId":"79ef17f3ca11456f958a53b233faa0d3","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09896":1,"MNSO":1},"content_text":"1. Q1 Revenue: 4.43 billion RMB, up 19% year-over-year, exceeding guidance of 15-18% growth.2. Domestic Revenue: 2.49 billion RMB, up 9% year-over-year.3. Overseas Revenue: 1.59 billion RMB, up 30% year-over-year.4. Same-store sales in China improved significantly, with positive growth during May Day holiday.5. Focus on opening larger, high-quality stores. New stores average 300 sqm, up 27% from last year.6. Gross margin increased by 1 percentage point to 44.2% compared to last year.7. Operating expenses increased due to direct store expansion, especially in overseas markets.8. Adjusted operating profit margin was 16.6%, down 4.2 percentage points year-over-year.9. The company maintains its goal of achieving positive same-store sales growth in China for the full year.10. MINISO continues to focus on IP collaborations, product innovation, and channel upgrades to drive growth.Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.","kind":"news","is_publish_news":false,"is_publish_highlight":false,"is_publish_live":true,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"earningsCall","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}