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Why Miniso Stock Skyrocketed by 20% on Friday
The Motley Fool· 2025-08-22 23:02
Group 1 - Miniso's American Depositary Shares (ADSs) surged over 20% following a strong quarterly earnings report that exceeded estimates on both revenue and net income [1][2] - In Q2, Miniso's revenue increased by 23% to nearly 4.97 billion yuan ($692 million), surpassing internal forecasts, driven by growth in same-store gross merchandise value across all operating segments [2][4] - Non-GAAP adjusted net income rose by almost 11% to nearly 692 million yuan ($96 million), translating to 2.24 yuan ($0.31) per ADS, outperforming analyst expectations [4] Group 2 - The CEO of Miniso highlighted the strength in the home market as a key growth driver, emphasizing the company's resilience in a competitive retail environment [5] - Miniso declared a bi-annual cash dividend of approximately $0.29 per ADS, yielding 2.2% based on the latest closing price [5]