Investing.com - Miniso reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Miniso announced earnings per share of ¥0.33 on revenue of ¥2.77B. Analysts polled by Investing.com anticipated EPS of ¥0.78 on revenue of ¥2.68B.
Miniso shares are down 29.9% from the beginning of the year and are trading at ¥7.07 , down-from-52-week-high.
Miniso follows other major Consumer Discretionary sector earnings this month
Miniso's report follows an earnings beat by Amazon.com on October 27, who reported EPS of ¥0.28 on revenue of ¥127.1B, compared to forecasts EPS of ¥0.22 on revenue of ¥127.76B.
Tesla had beat expectations on October 19 with third quarter EPS of ¥1.05 on revenue of ¥21.45B, compared to forecast for EPS of ¥1 on revenue of ¥21.98B.
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