On November 29th, Miniso disclosed its Q1 2024 report.
The report shows that in the first three quarters, Miniso achieved a revenue of 12.281 billion yuan, a year-on-year increase of 23%; Gross profit of 5.419 billion yuan, a year-on-year increase of 35%; The profit during the period was 1.826 billion yuan, a year-on-year increase of 12.5%.
In terms of store layout, as of September 30, 2024, Miniso had 7186 stores, with a total of 773 new stores opened in the first nine months. Among them, there are 4250 stores in mainland China, with 324 newly opened in the first 9 months; There are 2936 stores in overseas markets, with 449 new stores opened in the first 9 months; There are 234 TOP TOY stores, with 86 newly opened in the first 9 months.