MINISO Q3 Earnings Beat Estimates Boosted By Strong China Sales
MINISO Q3 Earnings Beat Estimates Boosted By Strong China Sales
在中國強勁銷售的推動下，MINISO第三季度收益超出預期
- 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.
- 明創集團控股有限公司 紐約證券交易所代碼：MNSO）報告稱，23財年第三季度銷售額同比增長26.2％，達到4.3016億美元，超過了共識的4.1668億美元。
- 中國每家MINISO門店的平均收入增長了18.9％。
- 毛利同比增長64.4％至人民幣12億元（1.692億美元）。毛利率爲39.3％，去年爲30.2％。
- 該季度的營業收入爲人民幣5.759億元（合8,390萬美元），同比增長308.5％。
- 第三季度調整後的息稅折舊攤銷前利潤增長了164.3％，至人民幣7.064億元（1.029億美元），息稅折舊攤銷前利潤率增長了1,250個基點至23.9％。
- 截至2023年3月31日，MINISO門店數量同比增長了401家，達到5,514家。
- MNSO報告調整後的每張ADS收益爲0.22美元，超過了共識的0.17美元。
- 截至2023年3月31日，該公司持有10.3億美元的現金及等價物。
- MINISO創始人、董事長兼首席執行官葉國富表示：“在過去的幾個月中，MINISO的中國業務強勁反彈，這反映在我們國內門店的人流量和交易額的飆升上。
- “隨着我們在中國的零售合作伙伴在本季度恢復信心並採取更加樂觀的業務前景，我們的門店開業步伐加快了。”
- 價格走勢： 在週二的最後一張支票中，MNSO股價上漲了2.71％，至17.80美元。