Miniso Group Holding Ltd. faces investor scrutiny as it prepares to release its June quarter earnings before Friday’s market open, with analysts anticipating continued growth despite a slowdown in new store openings. Revenue is projected to reach 5.81 billion yuan, a 16.9% increase from a year earlier, while earnings per share are forecast at 1.95 yuan, up 22.6% year-over-year.
The results follow a March quarter in which Miniso outperformed expectations, beating earnings estimates by 10.4% and exceeding revenue forecasts by 2.5%. The company’s stock, which closed Thursday at $11.42, has traded between $10.64 and $25.92 over the past 52 weeks. Analysts maintain a consensus price target of $19.07, implying a 67% potential upside from current levels.
Miniso’s expansion strategy remains a key focus as it targets 450 to 500 net new store openings globally this year, including recent additions in Poland, Switzerland, and broader Europe. The company launched a HK$2 billion share repurchase program in late June, signaling confidence in its financial position despite broader market volatility.
Seventeen analysts rate the stock a strong buy, though comparisons to underperforming peers such as Siemens Energy and Sandisk highlight the risks in consumer-facing retail amid shifting global demand patterns.
