Financial Performance - Total net revenues for Q1 2024 increased by 0.4% year over year to RMB27.6 billion (US$3.8 billion) from RMB27.5 billion in the prior year period[2] - Gross profit for Q1 2024 increased by 10.9% year over year to RMB6.5 billion (US$906.5 million), with a gross margin of 23.7% compared to 21.4% in the prior year period[6] - Net income attributable to shareholders for Q1 2024 increased by 24.6% year over year to RMB2.3 billion (US$320.9 million), resulting in a net margin of 8.4%[11] - Operating income for Q1 2024 increased by 39.0% year over year to RMB2.8 billion (US$382.2 million), with an operating margin of 10.0%[10] - Non-GAAP net income attributable to Vipshop's shareholders for the three months ended March 31, 2024, was RMB 2,759,701, compared to RMB 1,985,692 in the same period of 2023, showing a growth of approximately 38.9%[27] - The company reported a diluted net income per ADS of 4.18 for the three months ended March 31, 2024, compared to 3.16 for the same period in 2023, representing an increase of about 32.5%[29] - Non-GAAP net income attributable to shareholders rose to RMB 2,582,716, a 24.7% increase compared to RMB 2,069,222 from the previous year[35] - Net income attributable to shareholders for the period was RMB 2,316,709, an increase of 24.7% from RMB 1,858,731[35] Customer and Order Metrics - The number of active customers for Q1 2024 was 43.1 million, a slight decrease from 43.7 million in the prior year period[3] - Total orders for Q1 2024 were 178.5 million, down from 184.4 million in the prior year period[3] Cash Flow and Investments - Free cash outflow for Q1 2024 was RMB1.34 billion (US$185.0 million), compared to an outflow of RMB687.1 million in the prior year period[14] - Free cash flow for the period was positively impacted by net cash from operating activities, which is crucial for assessing liquidity and funding future expansions[24] - The company continues to invest in technology and fulfillment infrastructure, with significant allocations to enhance its operational capabilities[24] - The company repurchased US$11.9 million of its ADSs during the quarter as part of its US$1 billion share repurchase program[17] Future Outlook - For Q2 2024, the company expects total net revenues to be between RMB26.5 billion and RMB27.9 billion, representing a year-over-year decrease of approximately 5% to 0%[18] - The company anticipates continued growth in the online discount retail market in China, driven by its strategic initiatives and customer engagement efforts[24] Balance Sheet Highlights - Cash and cash equivalents as of March 31, 2024, were RMB24.6 billion (US$3.4 billion) with short-term investments of RMB2.9 billion (US$402.9 million)[13] - Total assets increased to RMB 72,322,594, up from RMB 70,420,213, representing a growth of 2.7% year-over-year[33] - Total current liabilities increased to RMB 30,624,136, up 7.4% from RMB 28,473,688[33] - Total liabilities increased to RMB 33,762,836, up 10.4% from RMB 31,547,598[33] - Total non-current assets decreased slightly to RMB 34,761,996 from RMB 34,882,874, a decline of 0.3%[33] - Class A and Class B ordinary shares outstanding were 92,900,247 and 92,914,213 as of March 31, 2024, respectively[33] Operating Expenses - Total operating expenses for the three months ended March 31, 2024, were RMB 4,087,399, slightly higher than RMB 4,061,160 in the same period of 2023[27] - Share-based compensation expenses decreased slightly to RMB 295,464 from RMB 304,144, a reduction of 2.3%[35]

Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on May 22, 2024GUANGZHOU, China, May 22, 2024 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today announced its unaudited financial results for the quarter ended March 31, 2024.First Quarter 2024 HighlightsTotal net revenues for the first quarter of 2024 increased by 0.4% year over year to RMB27.6 billion (US$3.8 billion) from RMB27.5 billion in the prior ye ...

ipuwadol Investment Thesis Vipshop Holdings Limited (NYSE:VIPS) stock has gained more than 110% over the last 5 years outperforming the S&P 500 by a margin of about 25%. Seeking Alpha Despite this strong performance, I am bullish on this stock given its unique business model and market position which I believe shall be a major growth lever. Additionally, its solid financial footings imply solid fundamentals which are a recipe for stock growth. Additionally, this stock is undervalued with a significant ...

GUANGZHOU, China, May 13, 2024 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today announced that it plans to release its first quarter 2024 financial results on Wednesday, May 22, 2024, before the US market open.The Company will hold a conference call on Wednesday, May 22, 2024 at 7:30 am US Eastern Time, 7:30 pm Beijing Time to discuss the financial results.All participants wishing to join the conference call mus ...

The latest trading session saw Vipshop Holdings Limited (VIPS) ending at $14.98, denoting a -0.4% adjustment from its last day's close. This move lagged the S&P 500's daily loss of 0.34%. At the same time, the Dow added 0.23%, and the tech-heavy Nasdaq lost 0.33%.The company's stock has dropped by 14.11% in the past month, falling short of the Computer and Technology sector's loss of 4.23% and the S&P 500's loss of 4.05%.Investors will be eagerly watching for the performance of Vipshop Holdings Limited in i ...

Company Performance - Vipshop Holdings Limited (VIPS) closed at $15.79, reflecting a +1.22% increase from the previous day, outperforming the S&P 500's daily gain of 1.2% [1] - Over the past month, shares of Vipshop have decreased by 6.02%, while the Computer and Technology sector and the S&P 500 have lost 6.83% and 4.16%, respectively [1] - The company is expected to report an EPS of $0.59, representing a 15.69% increase from the same quarter last year, with a forecasted quarterly revenue of $3.85 billion, down 3.95% year-over-year [1] Annual Forecast - For the entire year, the Zacks Consensus Estimates predict earnings of $2.55 per share and revenue of $16.45 billion, indicating increases of +7.14% and +3.72% compared to the previous year [2] - Recent modifications to analyst estimates reflect short-term business trends, with positive changes indicating a favorable outlook on the company's health and profitability [2] Valuation and Ranking - Vipshop Holdings Limited has a Zacks Rank of 1 (Strong Buy), with an average annual return of +25% for 1 ranked stocks since 1988 [3] - The company has a Forward P/E ratio of 6.12, significantly lower than the industry average Forward P/E of 25.51, indicating a valuation discount [3] - The Internet - Delivery Services industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 7, placing it in the top 3% of over 250 industries [3]

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Vipshop Holdings Limited (VIPS) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Vipshop currently ...

GUANGZHOU, China, April 18, 2024 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today announced that the Company has filed its annual report on Form 20-F that includes its audited financial statements for three years ended December 31, 2023 with the Securities and Exchange Commission on April 18, 2024. The annual report is available on the Company's website at ir.vip.com. Holders of the Company's securities may requ ...

Core Insights - The 4.19 Brand Sale Festival by Vipshop is entering a peak sales period, featuring significant discounts on popular domestic and international brands, with discounts as low as 1.5-fold and 2-fold [1][2] - The event has become a key indicator for spring and summer consumption trends, with categories like trendy apparel, domestic brands, and outdoor sports gaining particular attention [1][2] Group 1: Sales and Discounts - The festival features major discounts on various brands, including Balabala at 20% off, Navigare at 15% off, and Babycare starting at 30% off [1] - The "5-fold Crazy Seconds" event will launch at 8 PM, offering an additional 50% off on selected items [1] - The sale has seen a significant increase in sales for new Chinese-style clothing, with sales doubling year-on-year [1] Group 2: Consumer Trends - The festival highlights a growing interest in domestic brands, which are leading the recovery in consumer spending [1] - Popular styles include sweet and minimalist women's clothing, with minimalist women's apparel seeing a 57% year-on-year increase in sales [2] - Outdoor sports items are also trending, with brands like 361° and The North Face offering discounts as low as 1.4-fold [2] Group 3: Beauty and Skincare - Skincare products are in high demand, with brands like Estée Lauder offering discounts as low as 2.4-fold and significant sales increases in night creams and fragrances [2] - Sales of sunscreen products have surged, reflecting the seasonal increase in outdoor activities [2] Group 4: Event Duration and Consumer Engagement - The 4.19 Brand Sale Festival will continue until 10 AM on April 20, with a simplified discount policy allowing consumers to enjoy deals without needing to meet minimum purchase requirements [2]

Company Performance - Vipshop Holdings Limited (VIPS) closed at $15.15, down 1.17% from the previous trading session, underperforming the S&P 500 which lost 0.22% [1] - Over the past month, shares of Vipshop have decreased by 13.73%, while the Computer and Technology sector and the S&P 500 lost 1.64% and 1.66%, respectively [1] - The upcoming earnings disclosure is projected to show earnings of $0.60 per share, reflecting a year-over-year growth of 17.65%, with net sales estimated at $3.85 billion, down 3.95% from the previous year [1] Annual Forecast - For the entire year, the Zacks Consensus Estimates forecast earnings of $2.55 per share and revenue of $16.51 billion, indicating changes of +7.14% and +4.13% compared to the previous year [2] Analyst Estimates and Valuation - Recent revisions to analyst estimates indicate positive sentiment regarding Vipshop's business and profitability, with a 0.45% increase in the Zacks Consensus EPS estimate over the last 30 days [3] - Vipshop currently holds a Zacks Rank of 1 (Strong Buy), which has historically delivered an average annual return of +25% since 1988 [3] - The company is trading at a Forward P/E ratio of 6.01, significantly lower than the industry average Forward P/E of 25.71 [3] Industry Context - Vipshop operates within the Internet - Delivery Services industry, which is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 5, placing it in the top 2% of over 250 industries [3]