MINISO Group (NYSE:MNSO) Releases Earnings Results

MINISO Group (NYSE:MNSOGet Free Report) issued its earnings results on Tuesday. The company reported $0.29 EPS for the quarter, reports. The business had revenue of $541.04 million during the quarter. MINISO Group had a return on equity of 25.43% and a net margin of 16.28%.

MINISO Group Stock Performance

Shares of NYSE:MNSO opened at $19.70 on Friday. The business’s fifty day moving average price is $18.81 and its two-hundred day moving average price is $22.47. MINISO Group has a fifty-two week low of $14.46 and a fifty-two week high of $29.92. The stock has a market capitalization of $6.22 billion, a price-to-earnings ratio of 19.31, a price-to-earnings-growth ratio of 0.65 and a beta of 0.25. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.34 and a quick ratio of 1.86.

MINISO Group Dividend Announcement

The business also recently declared a None dividend, which will be paid on Friday, April 12th. Shareholders of record on Thursday, March 28th will be given a $0.29 dividend. This represents a yield of 2%. The ex-dividend date is Wednesday, March 27th. MINISO Group’s dividend payout ratio (DPR) is 38.24%.

Institutional Trading of MINISO Group

Several large investors have recently made changes to their positions in the business. BlackRock Inc. grew its holdings in shares of MINISO Group by 3.3% during the second quarter. BlackRock Inc. now owns 4,029,145 shares of the company’s stock worth $68,455,000 after purchasing an additional 127,537 shares during the last quarter. Acadian Asset Management LLC grew its holdings in shares of MINISO Group by 8.1% during the third quarter. Acadian Asset Management LLC now owns 3,532,627 shares of the company’s stock worth $91,456,000 after purchasing an additional 265,483 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of MINISO Group by 1.4% during the third quarter. Vanguard Group Inc. now owns 3,490,090 shares of the company’s stock worth $90,393,000 after purchasing an additional 49,492 shares during the last quarter. KEYWISE CAPITAL MANAGEMENT HK Ltd grew its holdings in shares of MINISO Group by 45.1% during the third quarter. KEYWISE CAPITAL MANAGEMENT HK Ltd now owns 3,224,200 shares of the company’s stock worth $83,507,000 after purchasing an additional 1,002,600 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board boosted its holdings in MINISO Group by 34.1% in the first quarter. Ontario Teachers Pension Plan Board now owns 2,950,000 shares of the company’s stock valued at $23,010,000 after acquiring an additional 750,000 shares during the last quarter. Institutional investors own 21.19% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, TheStreet upgraded MINISO Group from a “c” rating to a “b” rating in a research note on Friday, November 24th.

Read Our Latest Analysis on MINISO Group

About MINISO Group

(Get Free Report)

MINISO Group Holding Limited, an investment holding company, engages in the retail and wholesale of lifestyle products and pop toy products in China, Asia, the United States, and Europe. The company offers products in various categories, including home decor products, small electronics, textiles, accessories, beauty tools, toys, cosmetics, personal care products, snacks, fragrances and perfumes, and stationeries and gifts under the MINISO and WonderLife brand names; and blind boxes, toy bricks, model figures, model kits, collectible dolls, Ichiban Kuji, sculptures, and other popular toys under the TOP TOY brand.

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Earnings History for MINISO Group (NYSE:MNSO)

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