MNSO

Earnings Performance: MINISO Group Holding reported a Q3 Non-GAAP EPADS of $0.35, exceeding expectations by $0.02, with revenue of $814.3 million, a 28.2% year-over-year increase, surpassing estimates by $23.27 million.

Store Expansion: As of September 30, 2025, MINISO had a total of 8,138 stores globally, marking a net increase of 718 stores year-over-year, with 7,831 MINISO stores and 307 TOP TOY stores contributing to this growth.

Financial Performance: MINISO Group reported a 28.2% year-over-year increase in revenue for the September Quarter, reaching RMB5.8 billion, with adjusted operating profit rising 14.8% to RMB1.02 billion. The company also achieved a gross profit margin of 44.7%.

Store Expansion: The company opened 102 new MINISO stores in mainland China during the September Quarter, contributing to a total of 8,138 stores globally, marking a significant milestone of over 8,000 stores.

TOP TOY Brand Growth: The TOP TOY brand experienced remarkable growth, with revenue increasing by 111.4% year-over-year, setting a new quarterly growth record.

Operational Highlights: MINISO's same-store sales growth (SSSG) showed strong performance, particularly in mainland China, where it reached high-single-digit growth, while overseas markets also demonstrated sequential improvement in sales.

Market Sentiment: The CNN Money Fear and Greed index indicates an increase in fear, remaining in the "Extreme Fear" zone with a reading of 6.5, down from 14.9.

Stock Performance: U.S. stocks closed lower, with the Nasdaq Composite dropping over 2%, while Walmart's shares rose more than 6% after beating earnings expectations.

Economic Indicators: A stronger-than-expected U.S. jobs report showed non-farm payrolls rose by 119,000 in September, reducing the likelihood of a rate cut by the Federal Reserve in December.

Sector Trends: Most sectors on the S&P 500 ended negatively, particularly information technology and consumer discretionary, while consumer staples stocks performed better, bucking the overall trend.