Core Viewpoint - Five Below, Inc. is set to release its financial results for the first quarter of fiscal 2025 on June 4, 2025, followed by a conference call to discuss these results [1][2]. Company Overview - Five Below is a high-growth value retailer that offers trend-right, high-quality products primarily targeted at tweens and teens, with most items priced between $1 and $5, and some extreme value items priced above $5 [4][5]. - The company operates over 1,800 stores across 44 states in the U.S. and aims to provide an engaging shopping experience filled with a variety of product categories [5]. Financial Communication - A live audio webcast of the upcoming conference call will be available online, and a replay will be accessible shortly after the call concludes [2]. - Investors and analysts are encouraged to join the call by dialing in approximately 10 minutes before it starts [2].

Core Viewpoint - MINISO Group Holding Limited plans to release its financial results for the March quarter of 2025 on May 23, 2025, before the U.S. market opens [1] Group 1: Financial Results Announcement - The financial results will be discussed in an earnings conference call scheduled for 5:00 A.M. Eastern Time on May 23, 2025 [2] - The conference call will include simultaneous interpretation in English [2] - Access to the call can be made via a Zoom link or by dialing specific phone numbers [3][4] Group 2: Company Overview - MINISO Group is a global value retailer known for trendy lifestyle products featuring IP design [6] - The company has established a large network of MINISO stores, providing a unique shopping experience that appeals to various demographics [6] - Since its first store opening in China in 2013, MINISO has built a globally recognized retail brand and a massive store network [6]

Company Transition and Leadership Changes - Tom Vellios, co-founder and Executive Chair of Five Below, will transition to an advisory role and will not seek re-election to the Board at the 2025 Annual Meeting scheduled for June 12, 2025 [1][2] - Mike Devine, a current director with 12 years of experience on the Board, is expected to be appointed as the non-executive Chair, bringing substantial public company board experience [2] Business Performance and Outlook - Five Below is raising its guidance for the first quarter of fiscal 2025, expecting net sales of approximately $967 million, up from prior guidance of $905 million to $925 million [4][6] - The company anticipates opening 55 new stores in the first quarter, exceeding the previous guidance of approximately 50 new stores [6] - Comparable sales are projected to increase by approximately 6.7%, compared to earlier guidance of a flat to 2% increase [6] - Diluted income per common share is expected to be in the range of $0.69 to $0.71, significantly higher than the prior guidance of $0.44 to $0.55 [6] - Adjusted diluted income per common share is expected to be between $0.82 and $0.84, compared to the previous range of $0.50 to $0.61 [6] Company Overview - Five Below is a leading high-growth value retailer targeting pre-teens and teens, with most items priced between $1 and $5, and some items priced above $5 [7] - The company operates over 1,800 stores across 44 states, focusing on delivering trend-right, high-quality products in a fun shopping environment [7]

Core Viewpoint - MINISO Group Holding Limited announced its annual general meeting (AGM) scheduled for June 12, 2025, to consider proposed resolutions [1] Group 1: AGM Details - The AGM will take place at 11:00 a.m. Hong Kong time at Plaza 88, Tsuen Wan, Hong Kong [1] - Shareholders of record as of May 13, 2025, are entitled to attend and vote at the AGM [6] Group 2: Annual Reports - The Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the SEC [2][7] - The Hong Kong annual report for the same fiscal year was also published [8] Group 3: Change of Auditors - KPMG will retire as the Company's auditors at the conclusion of the upcoming AGM [3] - The Board has proposed to appoint Ernst & Young as the new auditors, subject to shareholder approval at the AGM [4][13] - The Audit Committee recommended EY based on their experience, resources, independence, and market reputation [9] Group 4: Auditor Transition - KPMG has audited the Company's financial statements since 2019, and the Board believes that changing auditors will enhance independence and objectivity [10] - There is no disagreement between the Company and KPMG regarding their retirement [11] - The Board expressed gratitude to KPMG for their services over the years [12] Group 5: Company Overview - MINISO is a global value retailer offering trendy lifestyle products with a focus on design, quality, and affordability [14] - The Company has established a significant store network worldwide since its first store opened in China in 2013 [14]

Core Insights - MINISO Group reported a strong financial performance for the full year 2024, with revenue reaching RMB 16,994.0 million (US$ 2,328.2 million), representing a year-over-year increase of 22.8% [5][16] - The company achieved a record gross margin of 44.9%, up from 41.2% in 2023, driven by consistent growth over eight consecutive quarters [5][20] - MINISO's overseas store count reached a milestone of 3,000, contributing significantly to the company's growth strategy [5][9] Financial Highlights - Revenue increased by 22.8% year over year to RMB 16,994.0 million (US$ 2,328.2 million) [5][16] - Gross profit rose by 34.0% year over year to RMB 7,637.1 million (US$ 1,046.3 million) [5][19] - Operating profit increased by 17.6% year over year to RMB 3,315.8 million (US$ 454.3 million) [5][23] - Profit for the period grew by 15.9% year over year to RMB 2,635.4 million (US$ 361.1 million) [5][25] - Adjusted net profit increased by 15.4% year over year to RMB 2,720.6 million (US$ 372.7 million) [5][25] - Cash position was RMB 6,698.1 million (US$ 917.6 million) as of December 31, 2024 [5][27] Operational Highlights - The total number of stores increased by 1,219 to 7,780 as of December 31, 2024, with over 90% of new stores located in overseas markets [5][6] - The number of MINISO stores reached 7,504, with a net increase of 1,091 stores in the full year [5][6] - The number of TOP TOY stores grew to 276, with a record opening of 128 new stores [5][6] Strategic Developments - The company emphasized its globalization strategy, which has led to a compound annual growth rate of over 40% in revenue from overseas markets from 2021 to 2024 [8][9] - MINISO's revenue from overseas markets grew by 41.9% year over year, contributing 39.4% to the total revenue from the MINISO brand [8][17] - The company plans to continue optimizing store layouts and refining product assortments to enhance same-store sales growth [11] Shareholder Returns - MINISO returned RMB 1,574.5 million to shareholders in 2024 through cash dividends and share repurchases [5][10] - A final cash dividend of approximately RMB 739.4 million (US$ 101.3 million) was declared, representing about 50% of the adjusted net profit for the second half of 2024 [13][10] Future Outlook - The company is optimistic about top-line acceleration in 2025, focusing on same-store sales growth and improving sales per square meter [11] - MINISO aims to maintain a reasonable and healthy profit margin while continuing to expand its global footprint [11]

Core Viewpoint - MINISO Group plans to release its financial results for the December quarter and the full year of 2024 on March 21, 2025, before the U.S. market opens [1] Financial Results Announcement - The earnings conference call will take place at 5:00 A.M. Eastern Time on March 21, 2025, with simultaneous interpretation in English [2] - Access to the conference call can be made via a Zoom link or by dialing specific phone numbers provided for various regions [2][3] Company Overview - MINISO Group is a global value retailer known for trendy lifestyle products featuring IP design, with a focus on quality, affordability, and aesthetically pleasing design [5] - The company has established a significant store network worldwide since its first store opening in China in 2013, building the MINISO brand as a globally recognized retail name [5]