Vipshop Holdings Provides 2025 Q3 Earnings Guidance with 0-5% YoY Growth

Vipshop Holdings Limited expects total net revenues for Q3 2025 to be between RMB 20.7 billion and RMB 21.7 billion, representing a year-over-year increase of approximately 0% to 5%. The company's guidance reflects its current view on market and operational conditions, which is subject to change.

Vipshop Holdings Limited (VIPS), a leading e-commerce platform, has provided its earnings guidance for the third quarter of 2025. The company expects its total net revenues to be between RMB 20.7 billion and RMB 21.7 billion, representing a year-over-year increase of approximately 0% to 5% [1][2][3].

In its Q2 2025 earnings report, Vipshop reported a Non-GAAP Earnings Per Active Daily Shopper (EPADS) of $0.57, which beat estimates by $0.01. Revenue for the second quarter was $3.6 billion, down 3.98% year-over-year but still $20 million above estimates. Gross Merchandise Value (GMV) for the quarter increased by 1.7% to RMB 51.4 billion, while the number of active customers declined to 43.5 million from 44.3 million in the prior year period [1].

The company's guidance for Q3 2025 reflects its current view on market and operational conditions, which is subject to change. The expected range of RMB 20.7 billion to RMB 21.7 billion is slightly above FactSet's estimate of RMB 20.65 billion [3].

Vipshop's stock price has been volatile in recent quarters, with the company facing competition and the need for overseas growth. However, the company's large cash position, which accounts for about half of its stock price, provides a buffer for potential challenges [1].

Investors should closely monitor Vipshop's earnings reports and guidance to gauge the company's performance and adjust their investment strategies accordingly.

References:
[1] https://seekingalpha.com/news/4485162-vipshop-beats-top-line-and-bottom-line-estimates-initiates-q3-outlook
[2] https://www.marketscreener.com/news/vipshop-holdings-limited-provides-earnings-guidance-for-the-third-quarter-of-2025-ce7c51d8d08ff727
[3] https://www.marketscreener.com/news/vips-vipshop-expects-q3-net-revenue-range-20-7b-chinese-renminbi-21-7b-renminbi-vs-factset-est-ce7c51d8d089f420