(Updates with the latest stock price movement in the headline and the first paragraph.)
Miniso Group (MNSO) shares were down more than 6% in Friday trading after the company reported Q2 adjusted earnings that missed analysts' expectations.
The company reported Q2 adjusted earnings of 1.76 Chinese renminbi ($0.26) per diluted American depository share, down from 2.24 renminbi a year earlier.
Three analysts polled by FactSet expected 2.24 renminbi.
Revenue for the quarter that ended June 30 was 5.81 billion renminbi, up from 4.97 billion renminbi a year earlier.
Analysts expected 5.79 billion renminbi.
Price: $10.14, Change: $-0.68, Percent Change: -6.24%