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MINISO Group Holding (DE:MIF)
FRANKFURT:MIF
Holding DE:MIF?
Track your performance easily
Earnings Data
Report Date
Feb 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.33Last Year’s EPS
0.05Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2021
|% Change Since: 33.33%
|Next Earnings Date:Dec 18, 2020
Earnings Call Sentiment|Neutral
The earnings call reflects a strong performance in revenue growth and international expansion, particularly in overseas markets, alongside robust IP strategy execution. However, challenges such as declining same-store sales in China and increased operating expenses pose concerns. The company's strategic plans and measures to address these challenges suggest confidence in future improvements.Company Guidance
During the earnings call for the September quarter of 2024, MINISO provided detailed guidance on several key metrics and future strategies. The company reported a 23% year-over-year revenue increase, reaching RMB12.28 billion, with an average store count increase of 90% and a low-single-digit growth in same-store sales. The company aims for a compound annual revenue growth rate of no less than 20% from 2024 to 2028, with earnings per share growing even faster. Annually, MINISO plans to add 900 to 1,100 new stores on a net basis globally. By 2028, they target IP product sales to contribute over 50% of total sales. The company continues to focus on expanding its global store network, having added 859 stores net by September 2024, including 449 overseas. Additionally, MINISO plans to distribute no less than 50% of its adjusted net profit as dividends annually. The company is also executing a multi-brand strategy, aiming to enhance operational efficiency by leveraging accumulated supply chain resources and product design capacity.Strong Revenue Growth
MINISO's revenue increased by 23% year-over-year to RMB12.28 billion in the first three quarters of 2024.
Significant Overseas Expansion
MINISO added 449 new stores overseas, contributing to a 41% growth in overseas revenue.
Robust IP Strategy
IP products accounted for over 40% of overseas market sales, with sales revenue growing by nearly 85% year-over-year.
TOP TOY Revenue Increase
TOP TOY's revenue increased by 43% year-over-year, with same-store sales growing by 5%.
High Gross Profit Margin
MINISO's gross profit margin improved by 3.7 percentage points to 44.1% in the first nine months of 2024.
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DE:MIF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DE:MIF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 29, 2024 | €16.50 | €17.70 | +7.27% |
| May 14, 2024 | €22.02 | €22.61 | +2.68% |
| Mar 12, 2024 | €15.41 | €15.80 | +2.52% |
| Nov 21, 2023 | €23.46 | €24.24 | +3.31% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does MINISO Group Holding (DE:MIF) report earnings?
MINISO Group Holding (DE:MIF) is schdueled to report earning on Feb 26, 2025, TBA Not Confirmed.
What is MINISO Group Holding (DE:MIF) earnings time?
MINISO Group Holding (DE:MIF) earnings time is at Feb 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of MINISO Group Holding stock?
The P/E ratio of MINISO Group Holding is N/A.
What is DE:MIF EPS forecast?
DE:MIF EPS forecast for the fiscal quarter 2024 (Q4) is 0.33.
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