Vipshop Reports Unaudited Fourth Quarter and Full Year 2020 Financial Results
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Vipshop Holdings (VIPS) Tops Q4 EPS by 8c, Revenues Beat
February 25, 2021 5:56 AM ESTVipshop Holdings (NYSE: VIPS) reported Q4 EPS of $0.57, $0.08 better than the analyst estimate of $0.49. Revenue for the quarter came in at $5.5 billion versus the consensus estimate of $5.4 billion.
Fourth Quarter and Full Year 2020 Highlights
Total net revenue for the fourth quarter of 2020 increased by 22.0% year over year to RMB35.8 billion (US$5.5 billion) from RMB29.3 billion in the prior year period. Total net revenue for the full year of 2020 increased by 9.5% year over year to RMB101.9 billion (US$15.6 billion) from RMB93.0 billion in the prior year.GMV[1] for the fourth quarter of... More