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.
唯品會控股有限公司（紐約證券交易所代碼：VIPS）公佈的第一季度銷售額爲38.3億美元，未達到華爾街預期的39.3億美元。
Total orders for the quarter were 178.5 million, compared with 184.4 million in the prior year period.
該季度的訂單總額爲1.785億份，而去年同期爲1.844億份。
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).
第一季度的毛利率從去年同期的21.4％增至23.7％。毛利同比增長10.9％，至人民幣65億元（合9.065億美元）。
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同比增長8％，從去年同期的人民幣485億元增至人民幣524億元。
Vipshop Holdings registered adjusted earnings per ADS of 65 cents, which beat the analyst consensus of 39 cents.
唯品會控股的調整後每股ADS收益爲65美分，超過了分析師共識的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，該公司的現金和現金等價物以及限制性現金爲34億美元，短期投資爲4.029億美元。
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.
股票回購計劃：在本季度，該公司根據其目前的10億美元股票回購計劃回購了1190萬美元的ADS，該計劃有效期至2025年3月。
The company is committed to repurchasing approximately $500 million of its ADSs by December 2024-end.
該公司承諾在2024年12月底之前回購約5億美元的美國存託憑證。
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，該公司預計其總淨收入將在人民幣265億元至279億元人民幣之間，同比下降約5％至0％（估計：293億元人民幣）。
Price Action: VIPS shares are trading higher by 4.5% to $17.19 at last check Wednesday.
價格走勢：週三最後一次檢查時，VIPS股價上漲4.5％，至17.19美元。