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VIPS - Vipshop Holdings: Still A Bargain Despite Disappointing Earnings
Vipshop Holdings Limited American Depositary Shares each representing two
The recent earnings report came with results slightly below analysts’ expectations, and with an outlook below consensus as well.
The stock dropped -18% following the release of the earnings, pushing it further into value territory.
Despite the temporary slowdown in growth, the company is still expected to grow. With ample cash on hand and little debt, the stock continues to appear attractive.