Miniso's Growth Likely to Remain Strong Despite Margin Pressure -- Market Talk

Dow Jones

04/02

0738 GMT - Miniso's growth should remain strong despite margin pressure, Deutsche Bank's Sammi Xu says in a research note. The company's fourth-quarter adjusted net profit underperformed market consensus, but management's 2026 guidance for high-teens revenue growth and low-single-digit same-store sales growth in both China and the U.S., is a positive sign. "We view the current valuation as an attractive entry point for a double-digit growth company in the China consumer space, which now also offers a decent dividend yield," Xu says. Deutsche Bank keeps a buy rating but trims its target on the stock to HK$41.00 from HK$44.00. Shares last traded at HK$31.80. (tracy.qu@wsj.com)

(END) Dow Jones Newswires

April 02, 2026 03:38 ET (07:38 GMT)

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The company's fourth-quarter adjusted net profit underperformed market consensus, but management's 2026 guidance for high-teens revenue growth and low-single-digit same-store sales growth in both China and the U.S., is a positive sign. \"We view the current valuation as an attractive entry point for a double-digit growth company in the China consumer space, which now also offers a decent dividend yield,\" Xu says. Deutsche Bank keeps a buy rating but trims its target on the stock to HK$41.00 from HK$44.00. Shares last traded at HK$31.80. 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The company's fourth-quarter adjusted net profit underperformed market consensus, but management's 2026 guidance for high-teens revenue growth and low-single-digit same-store sales growth in both China and the U.S., is a positive sign. \"We view the current valuation as an attractive entry point for a double-digit growth company in the China consumer space, which now also offers a decent dividend yield,\" Xu says. Deutsche Bank keeps a buy rating but trims its target on the stock to HK$41.00 from HK$44.00. Shares last traded at HK$31.80. (tracy.qu@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 02, 2026 03:38 ET (07:38 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MNSO","symbol_name":"名創優品","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2624576942","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2624576942","pubTimestamp":1775115480,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0738 GMT - Miniso's growth should remain strong despite margin pressure, Deutsche Bank's Sammi Xu says in a research note. The company's fourth-quarter adjusted net profit underperformed market consensus, but management's 2026 guidance for high-teens revenue growth and low-single-digit same-store sales growth in both China and the U.S., is a positive sign. \"We view the current valuation as an attractive entry point for a double-digit growth company in the China consumer space, which now also offers a decent dividend yield,\" Xu says. Deutsche Bank keeps a buy rating but trims its target on the stock to HK$41.00 from HK$44.00. Shares last traded at HK$31.80. 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The company's fourth-quarter adjusted net profit underperformed market consensus, but management's 2026 guidance for high-teens revenue growth and low-single-digit same-store sales growth in both China and the U.S., is a positive sign. \"We view the current valuation as an attractive entry point for a double-digit growth company in the China consumer space, which now also offers a decent dividend yield,\" Xu says. Deutsche Bank keeps a buy rating but trims its target on the stock to HK$41.00 from HK$44.00. Shares last traded at HK$31.80. 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