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Stock impact report

Why Vipshop Holdings Is Popping 11% Higher Today [The Motley Fool]

Vipshop Holdings Limited American Depositary Shares, each representing two ordinary shares (VIPS) 
Last vipshop holdings limited american depositary shares, each representing two ordinary shares earnings: 3/5 05:00 am Check Earnings Report
US:NYSE Investor Relations: ir.vip.com
Company Research Source: The Motley Fool
Vipshop posted some strong growth figures but also shrinking profits. Here's what investors need to know. Daniel Miller ( TMFTwoCoins ) Nov 15, 2018 at 11:58AM What happened? Shares of Vipshop Holdings Limited ( NYSE:VIPS ) , a leading online discount retailer for brands in China, are jumping 11% as of 11:00 a.m. EST Thursday after releasing third-quarter results. So what Vipshop posted better-than-expected third-quarter results, with revenues moving 16.4% higher to RMB17.8 billion, or roughly $2.6 billion. The number of active consumers for the third quarter increased 11% to 26.5 million, and total orders increased 29%. Gross profit also increased 3.8%, and despite a 10.5% decline in adjusted earnings, it checked in at $0.11 per share, ahead of analysts' estimates calling for $0.09 per share. Image source: Getty Images. During the third Show less Read more
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