MINISO Q3 Earnings Beat Estimates Boosted By Strong China Sales
MINISO Q3 Earnings Beat Estimates Boosted By Strong China Sales
在中国强劲销售的推动下，MINISO第三季度收益超出预期
- MINISO Group Holding Limited (NYSE:MNSO) reported third-quarter FY23 sales growth of 26.2% year-on-year to $430.16 million, beating the consensus of $416.68 million.
- Average revenue increase per MINISO store in China was 18.9%.
- Gross profit increased 64.4% Y/Y to RMB1.2 billion ($169.2 million). The gross margin was 39.3% versus 30.2% last year.
- Operating income for the quarter was RMB575.9 million ($83.9 million), representing an increase of 308.5% year over year.
- Adjusted EBITDA for Q3 climbed 164.3% to RMB706.4 million ($102.9 million), and the EBITDA margin expanded 1,250 basis points to 23.9%.
- The number of MINISO stores increased by 401 Y/Y to 5,514 as of March 31, 2023.
- MNSO reported Adjusted earnings per ADS of $0.22, which beat the consensus of $0.17.
- The company held $1.03 billion in cash and equivalents as of March 31, 2023.
- "MINISO's China business has rebounded strongly in the past few months, as reflected by soaring foot traffic and transaction value in our domestic stores," said Guofu Ye, Founder, Chairman, and CEO of MINISO.
- "As our retail partners in China regained confidence and adopted a more bullish business outlook during the quarter, our pace of store openings accelerated."
- Price Action: MNSO shares traded higher by 2.71% at $17.80 on the last check Tuesday.
- 明创集团控股有限公司 纽约证券交易所代码：MNSO）报告称，23财年第三季度销售额同比增长26.2％，达到4.3016亿美元，超过了共识的4.1668亿美元。
- 中国每家MINISO门店的平均收入增长了18.9％。
- 毛利同比增长64.4％至人民币12亿元（1.692亿美元）。毛利率为39.3％，去年为30.2％。
- 该季度的营业收入为人民币5.759亿元（合8,390万美元），同比增长308.5％。
- 第三季度调整后的息税折旧摊销前利润增长了164.3％，至人民币7.064亿元（1.029亿美元），息税折旧摊销前利润率增长了1,250个基点至23.9％。
- 截至2023年3月31日，MINISO门店数量同比增长了401家，达到5,514家。
- MNSO报告调整后的每张ADS收益为0.22美元，超过了共识的0.17美元。
- 截至2023年3月31日，该公司持有10.3亿美元的现金及等价物。
- MINISO创始人、董事长兼首席执行官叶国富表示：“在过去的几个月中，MINISO的中国业务强劲反弹，这反映在我们国内门店的人流量和交易额的飙升上。
- “随着我们在中国的零售合作伙伴在本季度恢复信心并采取更加乐观的业务前景，我们的门店开业步伐加快了。”
- 价格走势： 在周二的最后一张支票中，MNSO股价上涨了2.71％，至17.80美元。