Investing.com - Vipshop reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Vipshop announced earnings per share of ¥2.70 on revenue of ¥21.61B. Analysts polled by Investing.com anticipated EPS of ¥1.75 on revenue of ¥21.93B.
Vipshop shares are up 5.95% from the beginning of the year and are trading at ¥8.90 , down-from-52-week-high.
Vipshop follows other major Consumer Discretionary sector earnings this month
Vipshop's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of ¥0.28 on revenue of ¥127.1B, compared to forecasts EPS of ¥0.22 on revenue of ¥127.76B.
Home Depot had beat expectations on Tuesday, November 15, 2022 with third quarter EPS of ¥4.24 on revenue of ¥38.9B, compared to forecast for EPS of ¥4.12 on revenue of ¥37.92B.
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