From Yahoo Finance: 2025-05-20 08:34:00

Chinese retailer Vipshop Holdings saw their stock tumble as first-quarter revenue and active customers fell short of estimates. Despite this, adjusted earnings and gross merchandise value exceeded expectations. The company reported revenue of $3.64 billion, with U.S.-listed shares falling 8.5% in premarket trading. CEO Eric Shen expressed optimism about returning to growth. Vipshop expects second-quarter revenue of $3.71 billion to $3.90 billion, slightly below analyst consensus. Shares were down 8.5% in premarket trading.

Read more: Chinese Retailer Vipshop’s Stock Sinks as Q1 Sales, Active Customers Fall Short