MINISO Group Holding Q4 Adj EPADS $0.28, Inline, Sales $555.26M Miss $566.05M Estimate
Portfolio Pulse from Benzinga Newsdesk
MINISO Group Holding reported Q4 adjusted earnings per ADS of $0.28, which met expectations. However, their sales of $555.26 million fell short of the estimated $566.05 million.
August 30, 2024 | 8:35 am
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MINISO Group Holding's Q4 earnings per ADS were in line with expectations at $0.28, but sales missed estimates, coming in at $555.26 million compared to the expected $566.05 million.
The earnings per ADS meeting expectations is a neutral factor, but the sales miss could be seen negatively by investors, potentially leading to a slight decline in stock price. The miss in sales suggests potential challenges in revenue generation, which could concern investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100