VIPS - Vipshop reports Q2 earnings beat; sees Q3 net revenues between RMB21.2B and RMB22.4B
- Vipshop press release ( NYSE: VIPS ): Q2 Non-GAAP EPADS of $0.37 beats by $0.12 .
- Revenue of $3.7B (-19.6% Y/Y) beats by $300M .
- GMV for the second quarter of 2022 was RMB40.6B, as compared with RMB48.1B in the prior year period.
- The number of active customers for the second quarter of 2022 was 41.7M, as compared with 51.1M in the prior year period.
- Total orders for the second quarter of 2022 were 186.3M, as compared with 221.5M in the prior year period.
- For the third quarter of 2022, the company expects its total net revenues to be between RMB21.2 billion and RMB22.4 billion, representing a year-over-year decrease rate of ~15% to 10% vs. estimated decline of 14.03% Y/Y .
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Vipshop reports Q2 earnings beat; sees Q3 net revenues between RMB21.2B and RMB22.4B