Baozun Announces Second Quarter 2020 Unaudited Financial Results
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Baozun Inc. (BZUN) Tops Q2 EPS by 11c, Revenues Beat
August 21, 2020 6:05 AM EDTBaozun Inc. (NASDAQ: BZUN) reported Q2 EPS of $0.34, $0.11 better than the analyst estimate of $0.23. Revenue for the quarter came in at $304.6 million versus the consensus estimate of $299.13 million.
Second Quarter 2020 Financial Results
Total net revenues were RMB2,152.1 million (US$304.6 million), an increase of 26.3% from RMB1,704.2 million in the same quarter of last year.Product sales revenue was RMB927.8 million (US$131.3 million), an increase of 9.3% from RMB849.1 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... More