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: Weekly US and UK Store Openings and Closures Tracker 2024, Week 1: Rothy’s Plans To Open 10 US StoresShoptalk Fall 2024 Day Three: Tech and Personalization Power the Store Experience and Foster Customer LoyaltyFive Ways AI Is Being Used in Grocery RetailRevolutionize Your Product Launch Strategy: Leveraging Generative AI Applications for Enhanced Speed and Profitability
