Core Viewpoint - Vipshop Holdings Limited is expected to report a decline in both earnings and revenue for the fourth quarter of 2025 compared to the previous year [1] Financial Performance - The company is projected to report quarterly earnings of 5.39pershare,downfrom5.79 per share in the same period last year [1] - Vipshop anticipates quarterly revenue of 32.07billion,adecreasefrom34.67 billion a year earlier [1] - In the third quarter, Vipshop reported sales of 2.95billion,whichisa9.22.91 billion [2] Stock Performance - Vipshop shares fell by 0.3% to close at 14.53onthedayofthethird−quarterreport[2]AnalystRatings−CitigroupanalystAliciaYapmaintainedaBuyratingbutreducedthepricetargetfrom18 to 17[3]−BenchmarkanalystFawneJiangreiteratedaHoldrating[3]−BarclaysanalystJiongShaoinitiatedcoveragewithanOverweightratingandapricetargetof19 [3]