Vipshop Reports Unaudited Second Quarter 2020 Financial Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/23/2026

1. RNG
2. WDC
3. DECK
4. BYD
5. WCN
6. SPOT
7. FIX
8. BE
9. BMY
10. PNFP

Go back to Vipshop Reports Unaudited Second Quarter 2020 Financial Results

Vipshop Holdings (VIPS) Misses Q2 EPS by 1c, Revenues Miss

August 19, 2020 6:05 AM EDT

Vipshop Holdings (NYSE: VIPS) reported Q2 EPS of $0.27, $0.01 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $3.4 billion versus the consensus estimate of $3.42 billion.

Second Quarter 2020 Highlights

Non-GAAP net income attributable to Vipshop's shareholders per diluted ADS[9] for the second quarter of 2020 increased to RMB1.92 (US$0.27) from RMB1.58 in the prior year period.Total net revenue for the second quarter of 2020 increased by 6.0% year over year to RMB24.1 billion (US$3.4 billion) from RMB22.7 billion in the prior year period.GMV[1] for the second quarter of... More