MINISO Q1 EPS Soars 146% to $0.59, Revenue Climbs 28.5% and Adds 797 Stores
MNSO•MINISO delivered Q1 EPS of $0.59, more than double the $0.24 estimate, and revenue reached $824.42 million, up 28.5% year-over-year. The retailer added 797 stores to total 8,565 locations, finished the quarter with a P/E of 21.56, debt-to-equity of 1.07, and operating cash flow up 40%.
1. Strong Q1 Financial Results
MINISO posted Q1 earnings per share of $0.59, more than doubling the $0.24 estimate, and generated revenue of $824.42 million, topping the $805.6 million forecast as net profit climbed 199.7% to RMB 1.24 billion.
2. Global Store Expansion and Valuation Metrics
The retailer expanded its global footprint by adding 797 stores, bringing its total to 8,565 locations, while maintaining a trailing twelve-month price-to-earnings ratio of 21.56 and a debt-to-equity ratio of 1.07.
3. Operational Performance and Margin Trends
Gross margin declined by 0.9 percentage points to 43.3% due to overseas mix shifts, yet adjusted net profit grew 8% and operating cash flow rose 40% as management prioritized high-margin proprietary IP and raw material stocking cycles.
