Vipshop Reports Unaudited Second Quarter 2019 Financial Results
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Vipshop Holdings (VIPS) Tops Q2 EPS by 3c, Revenues Beat
August 14, 2019 4:07 PM EDTVipshop Holdings (NYSE: VIPS) reported Q2 EPS of $0.18, $0.03 better than the analyst estimate of $0.15. Revenue for the quarter came in at $3.3 billion versus the consensus estimate of $3.07 billion.
Second Quarter 2019 Highlights
Total net revenue for the second quarter of 2019 increased by 9.7% year over year to RMB22.7 billion (US$3.3 billion) from RMB20.7 billion in the prior year period.GMV[1] for the second quarter of 2019 increased by 11% year over year to RMB35.1 billion from RMB31.6 billion in the prior year period.Gross profit for the second quarter of 2019 increased by 25.9%... More