Vipshop Holdings Q3 Adj. EPS $0.46 Up From $0.36 YoY, Sales $3.12B Up From $3.04B YoY
Portfolio Pulse from Benzinga Newsdesk
Vipshop Holdings (VIPS) reported a 27.78% increase in adjusted EPS to $0.46 in Q3 from $0.36 YoY, and a 2.67% increase in sales to $3.12B from $3.04B YoY.
November 14, 2023 | 10:03 am
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Vipshop Holdings reported a significant increase in Q3 adjusted EPS and a modest increase in sales compared to the same period last year.
The reported increase in both adjusted EPS and sales indicates a positive performance for Vipshop, which is likely to be well-received by investors. The growth in earnings per share, in particular, is a strong indicator of financial health and efficiency, which could lead to a positive short-term impact on the stock price.
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