Vipshop Reports Unaudited Third Quarter 2024 Financial Results
Vipshop Holdings Limited American Depositary Shares, each representing two ordinary shares (VIPS)
Last vipshop holdings limited american depositary shares, each representing two ordinary shares earnings: 3/5 05:00 am
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Source: PR Newswire
Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on November 19, 2024GUANGZHOU, China, Nov. 19, 2024 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today announced its unaudited financial results for the quarter ended September 30, 2024.Third Quarter 2024 HighlightsTotal net revenues for the third quarter of 2024 were RMB20.7 billion (US$2.9 billion), compared with RMB22.8 billion in the prior year period.GMV[1] for the third quarter of 2024 was RMB40.1 billion, compared with RMB42.5 billion in the prior year period.Gross profit for the third quarter of 2024 was RMB5.0 billion (US$706.1 million), compared with RMB5.4 billion in the prior year period.Net income attributable to Vipshop's shareholders for the third quarter of 2024 was RMB1.0 billion (US$149.0 million), compared with RMB1.2 billion in the prior year period.Non-GAAP net income attributable to Vipshop's shareholders[2] for
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News
- Vipshop: It's Going To Be Challenging For A While (Rating Downgrade) [Seeking Alpha]Seeking Alpha
- Vipshop Holdings Limited (NYSE: VIPS) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Vipshop Holdings Limited (NYSE: VIPS) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Vipshop Holdings Limited (NYSE: VIPS) had its price target lowered by analysts at Citigroup Inc. from $18.00 to $17.00. They now have a "buy" rating on the stock.MarketBeat
- Vipshop Holdings Limited (NYSE: VIPS) had its "hold" rating re-affirmed by analysts at Benchmark Co..MarketBeat
VIPS
Earnings
- 11/19/24 - Beat
VIPS
Sec Filings
- 11/19/24 - Form 6-K
- 11/15/24 - Form SC
- 11/7/24 - Form 6-K
- VIPS's page on the SEC website