Vipshop Reports Unaudited First Quarter 2019 Financial Results
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Vipshop Holdings (VIPS) Tops Q1 EPS by 4c, Revenues Beat
May 22, 2019 4:07 PM EDTVipshop Holdings (NYSE: VIPS) reported Q1 EPS of $0.19, $0.04 better than the analyst estimate of $0.15. Revenue for the quarter came in at $3.2 billion versus the consensus estimate of $2.97 billion.
Total net revenue for the first quarter of 2019 increased by 7.3% year over year to RMB21.3 billion (US$3.2 billion) from RMB19.9 billion in the prior year period.GMV[1] for the first quarter of 2019 increased by 11% year over year to RMB33.8 billion from RMB30.5 billion in the prior year period.Gross profit for the first quarter of 2019 increased by 8.7% year over year to... More