— Vipshop Holdings Limited (NYSE: VIPS) reported earnings of $0.41 per share in the fourth quarter of 2019, vs $0.30 per share expected.
— Q4 revenue rose 12.4% to $4.2 billion, vs. $4 billion expected. The topline was primarily driven by 19% growth in total active customers to 38.6 million. Total orders increased by 24% to 174.6 million.
— Apparel-related categories contributed to over 70% of total GMV in the fourth quarter.
— For 1Q20, the company expects total net revenue between RMB17.1 billion and RMB18.1 billion, down 15% to 20%, due to impact of COVID-19.
— VIPS shares jumped 6% immediately following the announcement.
Most Popular
Infographic: Key metrics from Estee Lauder’s (EL) Q3 2024 earnings results
The Estee Lauder Companies Inc. (NYSE: EL) reported its third quarter 2024 earnings results today. Net sales were $3.94 billion, up 5% from the prior-year quarter. Organic sales increased 6%.
YUM Earnings: Key quarterly highlights from Yum! Brands’ Q1 2024 financial results
Yum! Brands, Inc. (NYSE: YUM) reported first quarter 2024 earnings results today. Total revenues decreased 3% year-over-year to $1.59 billion. Same-store sales declined 3%. Net income increased 5% to $314
Pfizer (PFE) Q1 2024 Earnings: Key financials and quarterly highlights
Pfizer Inc. (NYSE: PFE) reported first quarter 2024 earnings results today. Revenues decreased 20% year-over-year to $14.8 billion. Reported net income declined 44% to $3.1 billion, or $0.55 per share,