名创优品：一季度收入同比增长18.9%

Core Insights - The company reported a revenue increase of 18.9% year-on-year to RMB 4.427 billion (USD 610.1 million) for the three months ending March 31, 2025 [1] - Same-store sales decline in mainland China significantly narrowed to a mid-single-digit percentage [1] - Gross margin reached 44.2%, an increase of 0.8 percentage points year-on-year [1] - Adjusted EBITDA grew by 7.5% year-on-year to RMB 1.037 billion (USD 142.9 million) [1] - Year-to-date shareholder returns amounted to approximately RMB 0.987 billion [1]