Vipshop Holdings (VIPS) Misses Q2 EPS by 5c, Revenue In-Line
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Vipshop Holdings (NYSE: VIPS) reported Q2 EPS of $0.32, $0.05 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $4.6 billion versus the consensus estimate of $4.6 billion.
Business Outlook:
For the third quarter of 2021, the Company expects its total net revenue to be between RMB24.3 billion and RMB25.5 billion, representing a year-over-year growth rate of approximately 5% to 10%. These forecasts reflect the Company's current and preliminary view on the market and operational conditions, which is subject to change.
For earnings history and earnings-related data on Vipshop Holdings (VIPS) click here.
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