Baozun Announces First Quarter 2021 Unaudited Financial Results
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Baozun Inc. (BZUN) Tops Q1 EPS by 4c, Revenues Miss
May 18, 2021 6:07 AM EDTBaozun Inc. (NASDAQ: BZUN) reported Q1 EPS of $0.13, $0.04 better than the analyst estimate of $0.09. Revenue for the quarter came in at $308.4 million versus the consensus estimate of $314.54 million.
First Quarter 2021 Financial Highlights
Total net revenues were RMB2,020.5 million (US$1308.4 million), an increase of 32.6% year-over-year.Income from operations was RMB52.9 million (US$8.1 million), an increase of 313.4% year-over-year. Operating margin was 2.6%, compared with 0.8% in the same quarter of last year.Non-GAAP income from operations2 was RMB75.8 million (US$11.6 million), an increase of 105.9% year-over-year. Non-GAAP operating margin was 3.7%, compared with 2.4% in the... More