Shares of Vipshop (NYSE: VIPS) tumbled nearly 20% on May 15 after the Chinese e-tailer reported its first-quarter numbers. Its revenue rose 25% annually to 19.9 billion yuan ($3.2 billion), beating estimates by $120 million, but its non-GAAP net income dropped 9% to 728 million yuan ($116 million), or 1.05 yuan ($0.17) per ADS, missing expectations by a penny.
Comment on Can Vipshop Rebound From Its Post-Earnings Plunge?
newsfeedback@fool.com (Leo Sun), The Motley Fool
Mon, 05/21/2018 - 7:35am
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more