Baozun Q1 Adj. Earnings Per ADS $(0.03), Sales $274.90M Beat $270.75M Estimate
Portfolio Pulse from Benzinga Newsdesk
Baozun reported Q1 adjusted losses of $(0.03) per ADS and sales of $274.90M, beating analyst estimates of $270.75M by 1.53%. However, this is a 12.17% decrease compared to the same period last year.
May 25, 2023 | 10:02 am
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NEGATIVE IMPACT
Baozun's Q1 sales beat estimates, but reported a 12.17% YoY decrease.
Baozun's Q1 sales exceeded analyst estimates, which is a positive sign. However, the 12.17% YoY decrease in sales indicates potential challenges in the company's growth. This may negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100