10:20 AM EDT, 03/21/2025 (MT Newswires) -- (Updates to add stock moves in the headline and the first paragraph)
MINISO Group Holding ( MNSO ) shares were down more than 8% in recent Friday trading after the company announced late Thursday it missed Q4 revenue estimates despite a marked increase from a year earlier.
The company reported Q4 adjusted earnings Friday of 2.56 Chinese renminbi ($0.35) per diluted American depositary share, up from 2.12 renminbi a year earlier.
Two analysts polled by FactSet expected 2.40 renminbi.
Revenue for the quarter ended Dec. 31 was 4.71 billion renminbi, up from 3.84 billion renminbi a year earlier.
Analysts surveyed by FactSet expected 4.83 billion renminbi.
The company's share price fell more than 1% in recent premarket activity.
Price: 19.01, Change: -1.78, Percent Change: -8.56