Streetbeat News

MNSO

MINISO Group Holding Limited

https://www.miniso.com

Industry

Specialty Retail

MINISO Group Holding Limited, an investment holding company, engages in the retail and wholesale of lifestyle products in China, Asia, the Americas, and Europe. The company offers products in various categories, including home decor products, small electronics, textiles, accessories, beauty tools, toys, cosmetics, personal care products, snacks, fragrances and perfumes, and stationeries and gifts under the MINISO and WonderLife brand names; and blind boxes, toy bricks, model figures, model kits, collectible dolls, Ichiban Kuji, sculptures, and other popular toys under the TOP TOY brand. As of June 30, 2021, it operated a network of approximately 4,749 MINISO stores, as well as online sales channels. The company was founded in 2013 and is based in Guangzhou, China.

Open

20.82

Mkt cap

1.7B

Volume

636K

High

21.94

P/E Ratio

21.82

52-wk high

27.71

Low

20.72

Div yield

0.03

52-wk low

12.51

US-listed Chinese stocks are experiencing an uptick in trading, attributed to the commencement of the Labor Day Golden Week, recent Federal Reserve decisions, and robust delivery reports from electric vehicle (EV) manufacturers.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 2:22 pm

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

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 12:35 pm

Skillsoft Corp. shares fell by 26.7% after reporting mixed Q4 results and lower-than-expected FY25 revenue guidance. Other stocks moved significantly in Tuesday's session, with notable gainers including WiSA Technologies and Palisade Bio, and losers like Barnes & Noble Education and Calidi Biotherapeutics.

Portfolio Pulse from Avi Kapoor

April 16, 2024 | 6:17 pm

MINISO has achieved significant expansion in North America, attributing its success to a strategic focus on intellectual property (IP) and the creation of innovative shopping experiences. The company's approach has allowed it to stand out in the competitive retail market, driving growth and increasing its presence across the region.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 7:32 am

MINISO announced the launch of a new pop-up store in Times Square, branding it as an IP-Paradise filled with a wide range of cuddly plush toys. This move is part of MINISO's strategy to expand its presence and attract more customers by leveraging popular intellectual properties.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 11:51 am

Dada Nexus Limited reported disappointing fourth-quarter results, leading to a 9.1% drop in pre-market trading. The company also announced a $40 million share repurchase program. Other stocks experiencing pre-market losses include GDS Holdings, Star Bulk Carriers, FinVolution Group, M&T Bank Corporation, Tilray Brands, and MINISO Group, with various factors contributing to their declines.

Portfolio Pulse from Avi Kapoor

March 26, 2024 | 8:54 am

Asana, Inc. (ASAN) shares fell by 11% following soft FY25 revenue guidance, despite beating quarterly earnings and sales estimates. Other stocks showed significant movement, with ClearOne, Inc. (CLRO) and Regulus Therapeutics Inc. (RGLS) among the top gainers, while BYND Cannasoft Enterprises Inc. (BCAN) and Simpple Ltd. (SPPL) led the losers. The market saw a mix of positive and negative financial results, strategic moves, and guidance updates.

Portfolio Pulse from Avi Kapoor

March 12, 2024 | 6:07 pm

Bioventus Inc. reported better-than-expected quarterly financial results, leading to a 10.8% surge in its shares. Other companies like Ranpak Holdings, The Beachbody Company, and Oracle Corporation also reported positive financial outcomes or guidance, contributing to significant stock price increases. Notably, Ranpak Holdings saw a 40.1% jump after exceeding fourth-quarter revenue expectations and receiving a price target increase from Baird.

Portfolio Pulse from Avi Kapoor

March 12, 2024 | 2:37 pm

In Tuesday's pre-market session, several consumer discretionary stocks showed significant movement. ATRenew, ZHONGCHAO, Beachbody Co, MINISO Group Holding, Target Hospitality, and JOANN were among the gainers, with notable increases in their stock prices following earnings reports and other market activities. Conversely, Workhorse Gr, Kidpik, Dogness (Intl), Jeffs Brands, Global Business Travel, and QuantaSing Group experienced declines, with some attributing their drops to recent earnings reports.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 1:06 pm

Oracle Corporation (NYSE:ORCL) shares surged 13.4% in pre-market trading after reporting fiscal third-quarter earnings that exceeded expectations, with a 7% year-over-year revenue increase to $13.3 billion. Other stocks also showed significant movement in pre-market trading, with notable gainers including Singularity Future Technology Ltd. (NASDAQ:SGLY) and Nukkleus Inc. (NASDAQ:NUKK), and losers such as Renalytix Plc (NASDAQ:RNLX) and CytomX Therapeutics, Inc. (NASDAQ:CTMX).

Portfolio Pulse from Avi Kapoor

March 12, 2024 | 12:11 pm

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