MINISO’s Q2 2022 revenue increased 20.7% and international operations rose 54.9% YoY
NYSE-listed lifestyle retailer MINISO posted an adjusted net profit of US$33.6 million in Q2 2022 and an adjusted net margin of 7.7%, a record high since the COVID-19 pandemic began. In announcing its unaudited financial results for the second quarter of fiscal year 2022, the Company also reported revenue of US$435.1 million, a figure which exceeded the upper end of the Company's guidance. This result represented an increase of 20.7% year-on-year and 4.5% quarter-on-quarter.
MINISO sets foot in New York’s most expensive borough with a flagship store
Lifestyle retailer MINISO is officially welcoming customers at the prime location in SoHo, New York City, bringing its signature vibrant, fun, and quality products to residents of the Big Apple.
MINISO marks milestone in Boston with 5,000th store globally
After growing at breakneck speed for several years, lifestyle retailer MINISO has hit yet another milestone. On December 18, the brand’s 5,000th store opened in Boston, Massachusetts, bringing its variety of affordable plush toys and household items to the New England region for the first time. Three other stores opened in California, Pennsylvania, and another Massachusetts city on the same day.