Vipshop Holdings (VIPS) Misses Q4 EPS by 3c, Revenues Miss

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Vipshop Reports Unaudited Fourth Quarter and Full Year 2018 Financial Results

February 20, 2019 4:05 PM EST

GUANGZHOU, China, Feb. 20, 2019 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2018.

Fourth Quarter and Full Year 2018 Highlights

Total net revenue for the fourth quarter of 2018 increased by 8.1% year over year to RMB26.1 billion (US$3.8 billion) from RMB24.1 billion in the prior year period. Total net revenue for the full year of 2018 increased by 15.9% year... More