Chinese Discount Retailer Vipshop Posts 4% Topline Decline As Economy Hurts, Sweetens Deal With $1B Buyback Plan - Vipshop Holdings ( NYSE:VIPS )

4 weeks ago

Vipshop Holdings Limited VIPS reported second-quarter sales of $3.7 billion, down by 3.6% year-on-year, which topped the Wall Street view of $3.66 billion. Vipshop Holdings registered adjusted earnings per ADS of 54 cents, which aligns with the analyst consensus. The stock price slid after the ...

Ticker	Sentiment	Impact
VIPS	Neutral	49 %