Profile
Sector:
Consumer CyclicalIndustry:
Internet RetailCountry:
ChinaIPO:
23 March 2012Website:
http://www.vip.comNext earnings report:
28 February 2025Last dividends:
14 March 2024Next dividends:
N/APrice
after hours | Thu, 21 Nov 2024 00:50:00 GMTAnalysts recommendations
Institutional Ownership
VIPS Latest News
Vipshop Holdings Limited (NYSE:VIPS ) Q3 2024 Earnings Call Transcript November 19, 2024 7:30 AM ET Company Participants Jessie Zheng - Head of IR Eric Shen - Co-Founder, Chairman and CEO Mark Wang - CFO Conference Call Participants Thomas Chong - Jefferies Alicia Yap - Citigroup Ronald Keung - Goldman Sachs Roger Duan - Barclays Jialong Shi - Nomura Operator Ladies and gentlemen, good day everyone, and welcome to the Vipshop Holdings Limited's Third Quarter 2024 Earnings Conference Call. At this time, I would like to turn the call to Ms.
Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on November 19, 2024 GUANGZHOU, China , Nov. 19, 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 September 30, 2024.
GUANGZHOU, China , Nov. 11, 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 third quarter 2024 financial results on Tuesday, November 19, 2024, before the US market open. The Company will hold a conference call on Tuesday, November 19, 2024 at 7:30 am US Eastern Time, 8:30 pm Beijing Time to discuss the financial results.
GUANGZHOU, China , Nov. 7, 2024 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today announced that it will hold an annual general meeting of shareholders at Vipshop Headquarters, 128 Dingxin Road, Haizhu District, Guangzhou 510220, People's Republic of China on December 6, 2024 at 11:00 a.m., Beijing time.
Vipshop Holdings Limited is significantly undervalued, with a fair price estimate of $36 per share, driven by strong user growth and brand partnerships. The company's AI-powered searches, diverse product channels, and extensive logistics network are key catalysts for future net sales and free cash flow growth. VIPS' strategic promotions and robust inventory management system enhance its competitive edge, offering significant discounts and efficient operations.
Management Completes Phase Three of Four (MOU), Poised for the Final Phase of Customer Contract TOMBALL, TX / ACCESSWIRE / September 26, 2024 / QS Energy, Inc. (OTCQB:QSEP), a leader in oil transport technology, is pleased to announce the signing of a Memorandum of Understanding (MOU) with VIPS Petroleum, furthering their strategic partnership with one of Southeast Asia's premier energy producers and its state-owned oil and gas corporation. This MOU lays the groundwork for the commercialization of QS Energy's Applied Oil Technology (AOT) unit in collaboration with the government-backed oil and gas giant, marking a major step in the company's continued global expansion.
Vipshop is a Chinese online marketplace specializing in discounted goods, attracting value investors due to low valuation and growth potential. Despite steady growth in Gross Merchandise Value, VIPS lags behind industry growth rates and is limited to competing in discounted apparel. Second quarter earnings were weak, with alarming third quarter guidance, leading to concerns about negative operating leverage and cash flow issues.
VIPS reported poor Q2 2024 results with revenue, active customers, and orders all down, leading to a weak Q3 guidance. Despite challenges, VIPS saw positive developments in increased gross margin and decreased operating expenses during the quarter. VIPS announced an upsized share repurchase program, demonstrating a commitment to shareholder-friendly capital allocation.
Vipshop issued guidance for continued revenue declines in its upcoming quarter. Shares are now down 35% on the year.
Vipshop Holdings (VIPS) American depository receipts (ADRs) plunged in intraday trading Tuesday after the Chinese discount retailer reported falling second-quarter sales and an underwhelming outlook.
What type of business is Vipshop Holdings Limited?
Vipshop Holdings Limited is a company in the e-commerce sector in China that specializes in discount sales of high-quality branded products. Their own online platform, Vipshop, is available through the Vipshop mobile app and the website vip.com. In addition to online retail, the company offers services such as warehousing, logistics, procurement, research and development, and consulting. Vipshop offers a wide range of products, from cosmetics and clothing to household goods from popular domestic and international brands (over 29,000 brands). The company was founded in 2008 and is headquartered in Guangzhou, People's Republic of China.
What sector is Vipshop Holdings Limited in?
Vipshop Holdings Limited is in the Consumer Cyclical sector
What industry is Vipshop Holdings Limited in?
Vipshop Holdings Limited is in the Internet Retail industry
What country is Vipshop Holdings Limited from?
Vipshop Holdings Limited is headquartered in China
When did Vipshop Holdings Limited go public?
Vipshop Holdings Limited initial public offering (IPO) was on 23 March 2012
What is Vipshop Holdings Limited website?
https://www.vip.com
Is Vipshop Holdings Limited in the S&P 500?
No, Vipshop Holdings Limited is not included in the S&P 500 index
Is Vipshop Holdings Limited in the NASDAQ 100?
No, Vipshop Holdings Limited is not included in the NASDAQ 100 index
Is Vipshop Holdings Limited in the Dow Jones?
No, Vipshop Holdings Limited is not included in the Dow Jones index
When was Vipshop Holdings Limited the previous earnings report?
No data
When does Vipshop Holdings Limited earnings report?
The next expected earnings date for Vipshop Holdings Limited is 28 February 2025