IPO Stock Watch: Vipshop Q1 Comes Ahead Of Jumei IPO

By | May 13, 2014

Scalper1 News

China’s Vipshop Holdings (VIPS) reports first-quarter earnings after the market close Wednesday. The online discount retailer sells apparel, accessories, home goods, cosmetics and other lifestyle products on its website. The consensus estimate on revenue is $650.5 million, a 109% increase from the year-ago quarter. That would be the 17th quarter in a row that Vipshop has posted triple-digit revenue gains or better. The estimate on earnings per Scalper1 News

Scalper1 News