Welcome to our dedicated page for Miniso Group Holding news (Ticker: MNSO), a resource for investors and traders seeking the latest updates and insights on Miniso Group Holding stock.
MINISO Group Holding Ltd (NYSE: MNSO) is a global leader in design-driven retail, offering affordable lifestyle products through innovative store experiences. This news hub provides investors and market observers with essential updates about the company’s strategic initiatives and market position.
Access real-time announcements including quarterly earnings, product launches, and global expansion developments. Our curated collection features official press releases about MINISO’s IP collaborations, retail partnerships, and operational milestones, helping stakeholders track the company’s progress in competitive markets.
Key updates include insights into MINISO’s international store growth, design innovations, and strategic investments. The resource serves both casual observers and professional analysts seeking to understand the company’s evolving role in global retail trends.
Bookmark this page for streamlined access to MINISO’s latest corporate communications. Check back regularly for authoritative updates directly affecting market perception and investment considerations.
MINISO Group Holding (NYSE: MNSO; HKEX: 9896) has announced the adoption of a new dividend policy effective July 27, 2023. The policy aims to provide foreseeable returns to shareholders, targeting an annual dividend no less than 50% of its annual adjusted net profit. This decision marks a significant milestone in MINISO's capital allocation strategy, balancing long-term growth investments with shareholder value returns.
The company has previously declared cash dividends in 2021 and 2022, with aggregate amounts of approximately RMB304.7 million and RMB360.8 million respectively. The Board retains discretion over dividend declarations, considering factors such as profitability, capital requirements, financial position, and contractual restrictions. However, the policy does not constitute a legally binding commitment for future dividends.
MINISO Group Holding Limited (NYSE: MNSO) announced a positive profit alert for the quarter ending March 31, 2023. The company projects an adjusted net profit of at least RMB400 million, a significant increase of over 260% from RMB110.7 million in the same quarter of 2022. The growth is attributed to higher gross margins from new products and successful cost-saving measures. Additionally, operating expenses as a percentage of revenue decreased, reflecting a strong sales recovery in China and international markets. However, the data is preliminary and subject to change, emphasizing caution for investors.
MINISO has launched the #MysteryDiamondHunt, a global campaign available in over 20 countries, including the US, Canada, Italy, Vietnam, and Thailand. Customers purchasing a blind box from MINISO stores will enter a lucky draw for one of six genuine GIA-certified diamonds and hundreds of thousands of Austrian crystals. The initiative aims to create excitement and enhance customer experiences, leveraging the popularity of blind boxes among Millennials and Gen Z. MINISO reported a remarkable 110% year-over-year increase in international blind box sales in 2022. The campaign is designed to bring joy and engagement to consumers, inviting them to discover the thrill of unboxing real treasures.
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