MINISO June 2022 Q2 Earnings Results

MINISO Group reported Q2 2022 results with revenue decline of 6% YoY, though international revenue grew 49% YoY and gross margin reached a historic high of 33.3%. The company operated 5,199 stores globally as of June 30, 2022, with adjusted operating and net margins hitting 10-quarter highs at 12.4% and 9.6% respectively.