Miniso Group (NYSE: MNSO) closed out its fiscal 2023 in style, with an earnings report that delivered solid growth while trouncing analyst estimates. After the company published those results on Tuesday, investors piled into the quirky China-based retailer's stock. According to data crunched by S&P Global Market Intelligence, it was up by 14% in price week to date as of mid-afternoon Thursday. 

For its fourth quarter of that fiscal year, Miniso's revenue was a bit over 3.25 billion yuan ($449 million). This bettered the Q4 2022 figure by 40%. Non-IFRS (adjusted) net income also headed well higher, increasing a mighty 156% to hit 571 million yuan ($79 million), or 1.80 yuan ($0.25) per each of the retail company's American depositary shares (ADS).

Miniso easily topped analyst forecasts with that performance. The consensus-revenue estimate from those professionals was 3.16 billion yuan ($437 million), while for per-ADS adjusted net profit, it was 1.58 yuan ($0.22).

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Source Fool.com