Baozun Announces First Quarter 2020 Unaudited Financial Results
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Baozun Inc. (BZUN) Tops Q1 EPS by 4c, Revenues Beat
June 2, 2020 6:02 AM EDTBaozun Inc. (NASDAQ: BZUN) reported Q1 EPS of $0.06, $0.04 better than the analyst estimate of $0.02. Revenue for the quarter came in at $215.2 million versus the consensus estimate of $204.51 million.
First Quarter 2020 Financial Results
Total net revenues were RMB1,523.6 million (US$215.2 million), an increase of 18.4% from RMB1,286.8 million in the same quarter of last year.Product sales revenue was RMB701.1 million (US$99.0 million), an increase of 13.5% from RMB617.6 million in the same quarter of last year. The increase was primarily attributable to the acquisition of new brand partners and the increased popularity of brand partners... More