Vipshop Holdings Q1 Revenue Misses Estimate; Plans To Repurchase Stock Worth $500M By Year-end
Vipshop Holdings Q1 Revenue Misses Estimate; Plans To Repurchase Stock Worth $500M By Year-end
Vipshop Holdings Limited (NYSE:VIPS) reported first-quarter sales of $3.83 billion, which missed the Wall Street view of $3.93 billion.
唯品会控股有限公司(纽约证券交易所代码:VIPS)公布的第一季度销售额为38.3亿美元,未达到华尔街预期的39.3亿美元。
Total orders for the quarter were 178.5 million, compared with 184.4 million in the prior year period.
该季度的订单总额为1.785亿份,而去年同期为1.844亿份。
Gross margin for the first quarter increased to 23.7% from 21.4% in the prior year period. Gross profit jumped 10.9% year over year to RMB6.5 billion ($906.5 million).
第一季度的毛利率从去年同期的21.4%增至23.7%。毛利同比增长10.9%,至人民币65亿元(合9.065亿美元)。
GMV for the first quarter increased by 8% year over year to RMB52.4 billion from RMB48.5 billion in the prior year period.
第一季度的GMV同比增长8%,从去年同期的人民币485亿元增至人民币524亿元。
Vipshop Holdings registered adjusted earnings per ADS of 65 cents, which beat the analyst consensus of 39 cents.
唯品会控股的调整后每股ADS收益为65美分,超过了分析师共识的39美分。
As of March-end, the company had cash and cash equivalents and restricted cash of $3.4 billion, and short term investments of $402.9 million.
截至3月底,该公司的现金和现金等价物以及限制性现金为34亿美元,短期投资为4.029亿美元。
Share Repurchase Program: During the quarter, the company repurchased $11.9 million of its ADSs under its current $1 billion share repurchase program, which is effective through March 2025.
股票回购计划:在本季度,该公司根据其目前的10亿美元股票回购计划回购了1190万美元的ADS,该计划有效期至2025年3月。
The company is committed to repurchasing approximately $500 million of its ADSs by December 2024-end.
该公司承诺在2024年12月底之前回购约5亿美元的美国存托凭证。
Outlook: For the second quarter of 2024, the company expects its total net revenues to be between RMB26.5 billion and RMB27.9 billion, representing a year-over-year decrease of approximately 5% to 0% (estimate: RMB29.3 billion).
展望:2024年第二季度,该公司预计其总净收入将在人民币265亿元至279亿元人民币之间,同比下降约5%至0%(估计:293亿元人民币)。
Price Action: VIPS shares are trading higher by 4.5% to $17.19 at last check Wednesday.
价格走势:周三最后一次检查时,VIPS股价上涨4.5%,至17.19美元。