BofA/Merrill Lynch Upgrades Vipshop Holdings (VIPS) to Buy

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Vipshop Holdings (VIPS) Tops Q2 EPS by 2c

August 15, 2016 4:06 PM EDT

Vipshop Holdings (NYSE: VIPS) reported Q2 EPS of $0.17, $0.02 better than the analyst estimate of $0.15. Revenue for the quarter came in at $2.02 billion versus the consensus estimate of $1.9 billion.

Business Outlook

For the third quarter of 2016, the Company expects its total net revenue to be... More