Miniso Seems Poised For Further Upside
Portfolio Pulse from
Miniso has been reinitiated with a 'Buy' rating due to strong growth prospects and attractive valuations. The company reported a 19.3% revenue growth and a 25.2% adjusted EBITDA margin in Q3 2024. Miniso's global expansion and strategic investments, including a stake in Yonghui Superstores, support its long-term growth.
January 15, 2025 | 7:45 am
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Miniso has been reinitiated with a 'Buy' rating due to strong growth prospects and attractive valuations. The company reported a 19.3% revenue growth and a 25.2% adjusted EBITDA margin in Q3 2024. Miniso's global expansion and strategic investments, including a stake in Yonghui Superstores, support its long-term growth.
The 'Buy' rating reinitiation suggests positive analyst sentiment, which is likely to drive short-term stock price appreciation. The strong financial performance in Q3 2024, with significant revenue growth and a healthy EBITDA margin, further supports this outlook. Additionally, Miniso's strategic investments and global expansion plans indicate robust long-term growth potential, making the stock attractive to investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100