GUANGZHOU, China, Nov. 15, 2024 /PRNewswire/ -- MINISO, a leading global lifestyle brand known for its high-quality, affordable lifestyle products, is delighted that its Harry Potter-inspired collection is now available at MINISO stores around the world. MINISO's Harry Potter collection features over 800 meticulously designed products spanning various categories, including plush toys, pet products, cups, toys, stationery and gifts, fragrances, accessories, and more than ten other categories. Each product integrates iconic elements inspired by the Harry Potter films, making them instantly recognizable to fans. For example, school-themed items are inspired by the colors and symbols of the fou

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, Nov. 3, 2024 /PRNewswire/ -- On October 29, MINISO held its Global Brand Strategic Upgrade Results Launch Conference 2024 in Shanghai. In 2023, the company announced its goal to become the World's leading IP design retail group. To achieve this ambition, MINISO has made significant strides in product innovation, store expansion, and brand building, cementing its leading position in the global retail market. Interest-Driven Strategy Brings IP Empowerment  MINISO's founder Mr. Jack Ye has previously pointed out that changes in the global retail industry mean great opportunity for MINISO to become globally competitive and influential. As early as 2020, Mr. Jack Ye envisioned

TORONTO, Oct. 24, 2024 /PRNewswire/ -- MINISO, the renowned global lifestyle brand, opened its newest IP Collection Store at Eaton Centre, Toronto, on October 19, featuring the beloved Sanrio characters. Building on the success of the West Vancouver flagship store, this new IP Collection Store further underscores MINISO's commitment to providing well-designed, diverse IP products and delightful shopping experiences across Canada. As the latest of MINISO's beloved IP Collection stores, the new Toronto store welcomes customers with enchanting Sanrio character-themed elements, including soft pink decorations and a charming storefront adorned with Sanrio character displays, blended into the ove

VANCOUVER, BC, Oct. 1, 2024 /PRNewswire/ -- Global lifestyle brand MINISO opened its new Vancouver flagship store at CF Richmond Centre in Richmond, British Columbia, on September 28, 2024. The launch of another pink-themed store underscores MINISO's growing presence in Canada, as it advances on its mission to bring more joyful shopping experiences to a wider audience across the country through more innovative designs, dreamy atmospheres, and expanded IP product sections. Located in the heart of Richmond with direct access to major transportation routes, the 3500-sqaure-feet MINISO store sits conveniently on the first floor of the CF Richmond Centre, near H&M and Shoppers. The new flagship

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

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

JAKARTA, Indonesia, Sept. 3, 2024 /PRNewswire/ -- A magical shopping adventure has commenced with the grand opening of MINISO's largest global flagship store at Central Park Mall in Jakarta, Indonesia. Spanning around 3,000 square meters, this flagship store is a retail wonderland designed to resemble a "Dream Castle Amusement Park." Featuring eight product categories and three themed IP zones, it offers a unique shopping experience that seamlessly integrates entertainment and retail. As a cornerstone of MINISO's global brand strategy, MINISO Jakarta Central Park flagship store embodies the innovative "Super IP + Super Store" concept, merging globally recognized intellectual properties (IPs)

 GUANGZHOU, China, Aug. 30, 2024 /PRNewswire/ -- MINISO Group Holding Limited (NYSE:MNSO, HKEX: 9896))) ("MINISO", "MINISO Group" or the "Company", together with its subsidiaries, the "Group"), a global value retailer offering a variety of trendy lifestyle products featuring IP design, today announced that, the board of directors of the Company (the "Board") authorized and approved a new share repurchase program on August 30, 2024 (the "2024 Share Repurchase Program"), under which the Company may repurchase up to HKD2 billion in value of its outstanding ordinary shares and/or American depositary shares representing its ordinary shares (collectively, the "Shares") over a period of 12 months s

GUANGZHOU, China, Aug. 30, 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 ended June 30, 2024 (the "June Quarter") and the six months ended June 30, 2024 (the "First Half of 2024"). Financial Highlights for the June Quarter Revenue increased 24.1% year over year to RMB4,035.2 million (US$555.3 million), surpassing RMB4 billion for the first time.Gross profit increased 36.9% year over year to RMB1,773.3 million (US$244.0 million).Gross margin was 43.9%, a record hi

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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

GUANGZHOU, China, Aug. 30, 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 ended June 30, 2024 (the "June Quarter") and the six months ended June 30, 2024 (the "First Half of 2024"). Financial Highlights for the June Quarter Revenue increased 24.1% year over year to RMB4,035.2 million (US$555.3 million), surpassing RMB4 billion for the first time.Gross profit increased 36.9% year over year to RMB1,773.3 million (US$244.0 million).Gross margin was 43.9%, a record hi

GUANGZHOU, China, Aug. 9, 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 2024 June quarter and interim results before the U.S. market opens on Friday, August 30, 2024. The Company's management will hold an earnings conference call at 5:00 A.M. Eastern Time on Friday, August 30, 2024 (5:00 P.M. Beijing Time on the same day) to discuss the financial results. The conference call can be accessed by the following Zoom link or dialing the following numbers: Access 1 Join Zoom meeting. Zoo

GUANGZHOU, China, May 14, 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 ended March 31, 2024 (the "March Quarter"). Financial Highlights Revenue was RMB3,723.5 million (US$515.7 million), representing an increase of 26.0% year over year.Gross profit was RMB1,616.5 million (US$223.9 million), representing an increase of 39.1% year over year.Gross margin was 43.4%, compared to 39.3% in the same period of 2023.Operating profit was RMB743.3 million (US$102.9 million)

GUANGZHOU, China, April 30, 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 March quarter 2024 financial results before the U.S. market opens on Tuesday, May 14, 2024. The Company's management will hold an earnings conference call at 5:00 A.M. Eastern Time on Tuesday, May 14, 2024 (5:00 P.M. Beijing Time on the same day) to discuss the financial results. The conference call can be accessed by the following Zoom link or dialing the following numbers: Access 1 Join Zoom meeting. Zoom l

GUANGZHOU, China, March 12, 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 ended December 31, 2023 (the "December Quarter"). Financial Highlights for the December Quarter Revenue was RMB3,841.3 million (US$541.0 million), representing an increase of 54.0% year over year and 1.3% quarter over quarter.Gross profit was RMB1,657.3 million (US$233.4 million), representing an increase of 66.2% year over year and 4.7% quarter over quarter.Gross margin was 43.1%, compare

GUANGZHOU, China, Feb. 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 that it plans to release its December quarter 2023 financial results before the U.S. market opens on Tuesday, March 12, 2024. The Company's management will hold an earnings conference call at 5:00 A.M. Eastern Time on Tuesday, March 12, 2024 (5:00 P.M. Beijing Time on the same day) to discuss the financial results. The conference call can be accessed by the following Zoom link or dialing the following numbers: Access 1 Join Zoom meeting.

GUANGZHOU, China, Dec. 5, 2023 /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 made an announcement on a voluntary basis to keep the shareholders of the Company and potential investors of the Company informed of the latest business developments of the Group. The board of directors (the "Board") of the Company has noted the recent unusual fluctuation in the price and trading volume movements of the ordinary shares (the "Shares") of the Company. Having made all reasonable enquiries in the circumstances, the Board confirms that,

GUANGZHOU, China, Nov. 20, 2023 /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 September quarter 2023. Financial Highlights for the First Quarter of Fiscal Year 2024 ended September 30, 2023 Revenue was RMB3,791.2 million (US$519.6 million), representing an increase of 36.7% year over year and 16.6% quarter over quarter.Gross profit was RMB1,583.7 million (US$217.1 million), representing an increase of 60.2% year over year and 22.2% quarter over quarter.Gross margin was 41.8%, com

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

BofA Securities downgraded Miniso Group from Buy to Underperform

JP Morgan initiated coverage of Miniso Group with a rating of Overweight and set a new price target of $30.00

Goldman reiterated coverage of Miniso Group with a rating of Buy

Jefferies initiated coverage of Miniso Group with a rating of Buy

Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) fell sharply during Monday’s session. Guggenheim analyst John Difucci downgraded the stock from Buy to Neutral, while BTIG analyst Gray Powell downgraded the stock from Buy to Neutral. CrowdStrike shares dipped over 11% on Friday after the company suffered a major outage impacting businesses around the world. Selective Insurance Group shares dipped 13.2% to $264.65 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers MIRA Pharmaceuticals, Inc. (NASDAQ:MIRA) shares climbed 148% to $1.98 after the company announced new preclinical study results for its novel oral ketamine analog, Ketamir-2. CareMa

U.S. stocks were higher, with the Nasdaq Composite gaining over 100 points on Monday. Shares of IQVIA Holdings Inc. (NYSE:IQV) rose sharply during Monday's session after the company released better-than-expected second-quarter financial results and raised its 2024 guidance. IQVIA reported a second adjusted EPS of $2.64, up from $2.43, beating the consensus of $2.57. Provider of advanced analytics reported sales of $3.81 billion, beating the consensus of $3.79 billion, according to data from Benzinga Pro. IQVIA Holdings shares jumped 7.4% to $241.07 on Monday. Here are some other big stocks recording gains in today’s session. Tellurian Inc. (NASDAQ:TELL) shares surged 64.5% to

U.S. stocks were mixed, with the Dow Jones index falling more than 100 points on Tuesday. Shares of NVIDIA Corporation (NASDAQ:NVDA) rose during Tuesday's session on reports Elon Musk’s xAI plans to build a supercomputer that will power its Grok AI chatbot. The company, last week, reported better-than-expected financial results for its first quarter and issued strong guidance for the second quarter. NVIDIA shares gained 4.4% to $1,110.87 on Tuesday. Here are some other big stocks recording gains in today's session. Insmed Incorporated (NASDAQ:INSM) shares climbed 110% to $46.20 after the company announced topline results from ASPEN Phase 3 study met its primary endpoint. C

Key Takeaways: JD.com reported a profit of 7.1 billion yuan for the first quarter, up nearly 13% year-on-year  Many investment banks upwardly revised their price targets and ratings for the stock after the release of the latest report By Lau Chi Hang On her one-year anniversary running the show at e-commerce giant JD.com Inc (NASDAQ:JD), CEO Xu Ran gave investors a honeymoon gift in the form of strong first-quarter results, led by a 7% revenue rise to 260 billion yuan ($35.95 billion). She delivered even stronger profit growth of nearly 13% to 7.1 billion yuan, and non-GAAP profit growth of 17% to 8.9 billion yuan. When Xu took over the CEO reins last May from former chief executive

MINISO Group Holding Limited (NYSE:MNSO) shares are trading lower after the company reported third-quarter results. Quarterly revenue of $515.70 million missed the analyst consensus of $597.22 million. Revenues soared 26.0% Y/Y, led by a 19.3% increase in the average store count and around 9% same-store sales growth on a group level. The third quarter’s gross profit was $223.9 million, representing an increase of 39.1% Y/Y. Gross margin was 43.4%, compared to 39.3% in the same period last year. Adjusted net profit in the quarter under review was $85.4 million, representing an increase of 27.7% Y/Y. Adjusted net margin was 16.6%, compared to 16.4% in the year-ago period. Adjusted

MINISO Group Holding (NYSE:MNSO) reported quarterly adjusted earnings of $0.27 per share which missed the analyst consensus estimate of $0.33 by 18.18 percent. This is a 22.73 percent increase over earnings of $0.22 per share from the same period last year. The company reported quarterly sales of $515.70 million which missed the analyst consensus estimate of $597.22 million by 13.65 percent. This is a 19.89 percent increase over sales of $430.16 million the same period last year.

JP Morgan analyst Kevin Yin initiates coverage on MINISO Group Holding (NYSE:MNSO) with a Overweight rating and announces Price Target of $30.

Shares of Skillsoft Corp. (NASDAQ:SKIL) fell sharply during Tuesday’s session after the company reported mixed fourth-quarter financial results and issued FY25 revenue guidance below estimates. Skillsoft posted adjusted loss of $3.09 per share, versus market estimates of $3.27 per share. The company’s quarterly sales came in at $137.540 million versus expectations of $141.897 million. Skillsoft shares dipped 26.7% to $6.74 on Tuesday. Here are some other stocks moving in today's mid-day session. Gainers WiSA Technologies, Inc. (NASDAQ:WISA) jumped 85% to $3.2379 after the company announced a 5-year WiSA E licensing agreement with an HDTV/PTV brand. Palisade Bio, Inc. (NASDAQ:PALI)