US Stock Market Move | MNSO (MNSO.US) surged by over 12% in the second quarter, with TOP TOY's revenue increasing by 87%.

On Friday, MNSO (MNSO.US) surged more than 12%, closing at $24.91. According to the financial report, in the first half of 2025, MNSO achieved revenue of 9.393 billion yuan, a year-on-year increase of 21.1%; net profit attributable to equity shareholders of the company was 906 million yuan, a year-on-year decrease of 22.6%; basic earnings per ordinary share were 0.74 yuan. The company distributed a mid-term cash dividend of $0.2896 per American depositary share or $0.0724 per ordinary share. Looking specifically at the second quarter, the company achieved revenue of 4.97 billion yuan, a year-on-year increase of 23.1% (exceeding the management's previous guidance range of 18%-21%), with adjusted net profit increasing by 10.6% to 690 million yuan, of which TOP TOY revenue surged by 87.0%, setting a new record. MNSO's Executive Director and Chairman, Ye Guofu, stated that same-store sales growth in mainland China turned positive in the second quarter and is expected to accelerate further in the third quarter. The company expects same-store sales in mainland China for the full year to achieve positive growth.