Miniso (MNSO) Reports 26.2% Revenue Growth Amid Global Struggles
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowOn August 28, Miniso Group Holding Limited (NYSE: MNSO) reported a 26.2% revenue growth in its China business for the first half of 2026, its fastest pace in three years. The company's membership base in China reached 130 million, with members contributing 77% of total sales, up from 60% the previous year. However, adjusted operating profit fell 6% year over year to RMB 1.49 billion amid rising expansion costs and a shift to company-operated stores. This situation presents investors with a mixed outlook as they evaluate strong domestic growth against struggling overseas performance.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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