VIPS - Vipshop lowers Q4 2021 revenue guidance
Vipshop Holdings (NYSE:VIPS) expects total net revenue for the fourth quarter of 2021 to be between RMB34.0 billion and RMB35.8 billion ($5.34B to $5.62B) vs its prior guidance of revenue between RMB35.8 billion and RMB37.6 billion ($5.62B-$5.90B). Q4 2021 consensus revenue was $5.84B. The mark represents a Y/Y decrease rate of approximately 5% to 0% for the quarter from Vipshop's Q4 2020 revenue. Shares are down 2.41% AH. Vipshop Holdings stock has provided negative returns to investors over the last year, down 67.10%. Seeking Alpha's Quant Rating is Neutral on the stock with an A+ valuation grade, while contributor Daniel Peterson calls the stock a bargain after the sell-off.
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Vipshop lowers Q4 2021 revenue guidance