Baozun Inc. (BZUN) Tops Q2 EPS by 1c

Baozun Inc. (NASDAQ: BZUN) reported Q2 EPS of $0.11, $0.01 better than the analyst estimate of $0.10. Revenue for the quarter came in at $131 million versus the consensus estimate of $130.68 million.

Business Outlook

For the third quarter of 2017, the Company expects total net revenues to be between RMB870 million and RMB910 million.

The Company will begin providing growth guidance for services revenue as it transitions more business under the distribution model to the non-distribution model. Under the non-distribution model, Baozun only recognizes revenue on a net basis as services revenue. For the third quarter of 2017, the Company expects services revenue to increase by over 50% on a year-over-year basis.

For earnings history and earnings-related data on Baozun Inc. (BZUN) click here.

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