Company Earnings Update 2 minutesRegister for Free AccessVipshop (NYSE: VIPS) 1Q19 Results Beat Consensus Thanks to Improved Product Assortment in Apparel and Increase in Active Customers Coresight Research May 24, 2019 Executive Summary Vipshop reported 1Q19 revenues of ¥3 billion, up 7.3% year over year and beating the consensus estimate of ¥20.5 billion. The number of active customers increased 14% year over year to 29.7 million. The company expects total revenue to be ¥20.7-21.7 billion in 2Q19, equivalent to around 0-5% year over year growth. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: 4Q22 US Earnings Season Wrap-Up: Retailers See Mixed Results as Discretionary Demand Remains WeakHow US Consumers Are Shopping for Groceries: Revealing Opportunities in Promotions and Private LabelLetting Growth Off the Leash in China’s Pet Industry: China Retail InsightsKey Festivals and Holidays for Promotional Campaigns in China in 2024: Calendar
