Miniso (MNSO) reported 25% to 30% year-over-year growth in China mainland gross merchandise volume in Q3, accelerating from the first half, driven by high-single-digit same-store sales growth, the company said Friday.

The company's mainland GMV grew 20% to 25% year over year during China's Oct. 1-7 National Day holidays, supported by low-single-digit same-store sales growth, the company said.

Miniso said the holiday figures are a short-term snapshot and may not be indicative of full fourth-quarter performance.

Miniso USA's GMV rose about 20% year over year in Q3 before accelerating to more than 30% growth in September, alongside positive same-store sales growth.

Meanwhile, its proprietary YOYO intellectual property generated more than 1 billion Renminbi in GMV during the first nine months of 2026, it added.