At Zacks, we concentrate on the reliable Zacks Rank system, which highlights earnings estimates and changes in those estimates to identify excellent stocks. However, we also keep an eye on the most recent trends in value, growth, and momentum to support our top selections.
Vipshop Holdings Limited (NYSE: VIPS) will hold its Q4 2024 Earnings Conference Call on February 21, 2025, at 7:00 AM ET. The call will feature company representatives including Jessie Zheng, Eric Shen, and Mark Wang, along with participants from various financial institutions. Now, I will hand the call over to Ms.
A conference call is scheduled for 7:00 A.M. U.S. Eastern Time on February 21, 2025. Vipshop Holdings Limited, a top online discount retailer for brands in China, has released its unaudited financial results for the quarter and the entire year that ended on December 31, 2024.
Vipshop Holdings Limited (VIPS) is set to announce its financial results for the fourth quarter on Friday, February 21, 2025, before the market opens.
GUANGZHOU, China, Feb. 11, 2025 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a top online discount retailer for brands in China, has announced that it will share its financial results for the fourth quarter and the entire year of 2024 on Friday, February 21, 2025, before the US market opens. The Company will also host a conference call on the same day at 7:00 am US Eastern Time, which is 8:00 pm Beijing Time, to discuss these results.
At Zacks, we concentrate on the reliable Zacks Rank system, which highlights earnings estimates and changes in those estimates to identify excellent stocks. However, we also keep an eye on the most recent trends in value, growth, and momentum to support our top selections.
Vipshop Holdings Limited (VIPS) appears to be an appealing choice based on technical analysis, as it has hit an important support level. The stock recently moved above the 200-day moving average, indicating a positive long-term trend.
Vipshop Holdings Limited is experiencing strong growth in free cash flow and is benefiting from China's economic stimulus, along with a notable stock buyback program, making it a good investment choice. Although 2024 may be tough, VIPS's partnerships with popular brands and significant hiring suggest potential for future growth in net income and free cash flow. There are some risks, such as transactions with related parties and its incorporation in the Cayman Islands, but VIPS's valuation looks appealing when compared to its competitors.
Vipshop's stock has fallen almost 20% since December 2023 because of worsening business conditions and poor management forecasts for the third and fourth quarters of 2024. The results for Q3 2024 revealed a 9.6% decrease in revenue and a 27.8% decline in non-GAAP net income, along with a 6.4% drop in active customers compared to the previous year. Even though they have increased gross margins and have loyal Super VIP members, VIPS is struggling with strong competition and a tough economic situation in China.
Vipshop Holdings Limited (NYSE: VIPS) held its Q3 2024 Earnings Call on November 19, 2024, at 7:30 AM ET. The call featured company representatives including Jessie Zheng, Eric Shen, and Mark Wang, along with participants from various financial institutions. The operator welcomed everyone to the conference and introduced Ms. Zheng to begin the discussion.