Vipshop Reports Unaudited Third Quarter 2024 Financial Results [Yahoo! Finance]
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: Yahoo! Finance
Total net revenues were RMB20.7 billion (US$2.9 billion), down from RMB22.8 billion in the prior year period. Gross profit was RMB5.0 billion (US$706.1 million), down from RMB5.4 billion in the prior year period. Net income attributable to Vipshop's shareholders was RMB1.0 billion (US$149.0 million), down from RMB1.2 billion in the prior year period. The company's active customers decreased to 39.6 million from 42.3 million in the prior year period. Vipshop's CEO, Eric Shen, stated that the company's third-quarter performance reflected soft industry trends in discretionary categories, but the company has adapted its business priorities to address external challenges and identify opportunities for improvement. Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on November 19, 2024 GUANGZHOU, 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 unaudi
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VIPS
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