Miniso Group downgraded by BofA Securities
$MNSO
Department/Specialty Retail Stores
Consumer Discretionary
BofA Securities downgraded Miniso Group from Buy to Underperform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/4/2024 | $26.80 | Buy | Citigroup |
| 9/25/2024 | Overweight → Neutral | JP Morgan | |
| 9/24/2024 | Buy → Hold | Jefferies | |
| 9/23/2024 | Buy → Underperform | BofA Securities | |
| 4/30/2024 | $30.00 | Overweight | JP Morgan |
| 1/17/2023 | Buy | Goldman | |
| 6/13/2022 | Buy | Jefferies |
SC 13G/A - MINISO Group Holding Ltd (0001815846) (Subject)
SC 13G/A - MINISO Group Holding Ltd (0001815846) (Subject)
SC 13G/A - MINISO Group Holding Ltd (0001815846) (Subject)
SYDNEY, Sept. 9, 2024 /PRNewswire/ -- MINISO, the renowned global lifestyle brand, is excited to announce the grand opening of its first Sanrio-themed store in Australia on September 7th. This store, located on George Street in Sydney, marks the brand's first-ever Sanrio-themed IP collection shop in Australia and its first flagship shop in the country. With over 2,500 SKUs and an area of approximately 300 square meters, this new store is set to offer a brand-new and joyful shopping experience to the Australian market. The new flagship store, with its impressive Sanrio-themed storefront and dedicated Sanrio zones, showcases MINISO's IP strategy. IP products make up over 70% of the store's of
DUBAI, UAE, Feb. 1, 2021 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE: YALA), the leading voice-centric social networking and entertainment platform in the Middle East and North Africa (MENA), today announced that Ms. Lili Xu has been appointed as an independent director on the Company's board of directors (the "Board"), effective on February 1, 2021. Ms. Xu will serve as a member of audit committee. Ms. Xu has been the chief financial officer of Hangzhou KangSheng Health Consulting Co., Ltd. since October 2020. In addition, Ms. Xu has been serving as an independent director of MINISO Group Holding Limited (NYSE: MNSO). Ms. Xu received a bachelor's degree in inter
Citigroup initiated coverage of Miniso Group with a rating of Buy and set a new price target of $26.80
JP Morgan downgraded Miniso Group from Overweight to Neutral
Jefferies downgraded Miniso Group from Buy to Hold
MINISO Welcomed Over 1.2 Million New USA Members in 2024, Signifying Successful Brand Enhancement and Global Expansion JourneyNEW YORK, Feb. 7, 2025 /PRNewswire/ -- In January 2025, Global lifestyle brand MINISO rolled out an upgraded membership program, packing it with exciting perks such as birthday blind box cards, points for discounts, and reduced SVIP thresholds. These exclusive benefits are designed to deliver even more joy and rewards to consumers, fostering a stronger bond with the MINISO brand. The driving force behind this revamp stems from MINISO's pursuit of successful localized operations and brand enhancements in the United States. In 2024, the company witnessed tremendous g
GUANGZHOU, China, Jan. 17, 2025 /PRNewswire/ -- MINISO Group Holding Limited (NYSE:MNSO, HKEX: 9896)) ("MINISO", "MINISO Group" or the "Company"), a global value retailer offering a variety of trendy lifestyle products featuring IP design, today announced that the previously announced extraordinary general meeting of the Company's shareholders (the "EGM") to seek shareholder approval for the proposed acquisition of shares of Yonghui Superstores Co., Ltd was held in Hong Kong today. All the proposed resolutions submitted for shareholder approval set out in the EGM notice were duly adopted by the shareholders of the Company at the EGM. Following the EGM, the Company expects to complete the pr
BANGKOK, Jan. 15, 2025 /PRNewswire/ -- Global lifestyle brand MINISO celebrated the grand opening of its Thailand flagship store in Bangkok on January 11, 2025. The event was attended by renowned Thai actress Davika Hoorne, who joined the ribbon-cutting ceremony. Situated in the iconic landmark commercial district Asiatique the Riverfront, the flagship store leverages its prime location next to the Asiatique Sky, Bangkok's largest Ferris wheel, which is popular among tourists from all around the world and has huge sales potentials. This milestone marks a significant step in MINISO's strategy to expand its presence in Southeast Asia, further cementing its commitment to the Thai market while o
6-K - MINISO Group Holding Ltd (0001815846) (Filer)
6-K - MINISO Group Holding Ltd (0001815846) (Filer)
6-K - MINISO Group Holding Ltd (0001815846) (Filer)
GUANGZHOU, China, Nov. 29, 2024 /PRNewswire/ -- MINISO Group Holding Limited (NYSE:MNSO, HKEX: 9896)) ("MINISO", "MINISO Group" or the "Company"), a global value retailer offering a variety of trendy lifestyle products featuring IP design, today announced its unaudited financial results for the quarter and the nine months ended September 30, 2024. Financial Highlights Highlights for the Nine Months Ended September 30, 2024 Revenue in the first nine months of 2024 was RMB12,281.3 million (US$1,750.1 million), increasing 22.8% year over year.Gross profit increased 34.1% year over year to RMB5,419.8 million (US$772.3 million).Gross margin was 44.1%, compared to 40.4% in the same period of 202
GUANGZHOU, China, Nov. 15, 2024 /PRNewswire/ -- MINISO Group Holding Limited (NYSE:MNSO, HKEX: 9896)) ("MINISO", "MINISO Group" or the "Company"), a global value retailer offering a variety of trendy lifestyle products featuring IP design, today announced that it plans to release its September quarter 2024 financial results before the U.S. market opens on Friday, November 29, 2024. The Company's management will hold an earnings conference call at 4:00 A.M. Eastern Time on Friday, November 29, 2024 (5:00 P.M. Beijing Time on the same day) to discuss the financial results. Simultaneous interpretation in English will be provided during the conference call. The conference call can be accessed b
GUANGZHOU, China, Sept. 23, 2024 /PRNewswire/ -- MINISO Group Holding Limited (NYSE:MNSO, HKEX: 9896))) ("MINISO", "MINISO Group" or the "Company"), a global value retailer offering a variety of trendy lifestyle products featuring IP design, today announced that it has entered into share purchase agreements with certain shareholders of Yonghui Superstores Co., Ltd ("Yonghui"), to acquire an aggregate of 29.4% of the issued and outstanding shares of Yonghui for a total cash consideration of approximately RMB6.3 billion. Upon the consummation of the transaction, the Company expects to become the largest single shareholder of Yonghui. Yonghui is a leading retail chain operator in China, listed