MINISO Group Holding ( (MNSO) ) has issued an announcement.
MINISO Group Holding Limited announced its unaudited financial results for the quarter and full year ended December 31, 2024, showcasing a robust performance with a 22.8% increase in revenue and a record gross margin of 44.9%. The company achieved significant milestones, including the opening of over 1,200 net new stores globally, with overseas markets contributing to a 41.9% revenue growth. This expansion aligns with MINISO’s globalization strategy and its vision to become a leading IP design retail group, highlighting its strong market positioning and growth potential.
More about MINISO Group Holding
MINISO Group Holding Limited is a global value retailer known for offering a variety of trendy lifestyle products with a focus on IP design. The company operates in the retail industry, with a significant presence in both domestic and international markets, emphasizing its globalization strategy.
YTD Price Performance: -24.87%
Average Trading Volume: 1,153,018
Technical Sentiment Signal: Hold
Current Market Cap: $6.35B
See more data about MNSO stock on TipRanks’ Stock Analysis page.