MINISO Group Holding Ltd (MNSO) Q4 2025 Earnings Call Highlights: Record Revenue and Strategic Expansion

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MINISO Group Holding Ltd (MNSO) achieved record quarterly revenue of RMB6.25 billion in Q4 2025, driven by strong international expansion and strategic initiatives. The company reported significant growth in both MINISO and TOP TOY brands and outlined plans for further domestic and international expansion in 2026, focusing on IP collaborations, optimized supply chains, and store format transformations. Despite robust growth, the company faced increased operating expenses, a slight decline in gross profit margin, and challenges in the Southeast Asia market.

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