Baozun (BZUN) reported earnings on Wed 21 Nov 2018 (b/o)

** charts after earnings **

 

Baozun beats by $0.04, reports revs in-line; guides Q4 revs in-line

• Reports Q3 (Sep) earnings of RMB 0.86 per share, RMB 0.04 better than the S&P Capital IQ Consensus of RMB 0.82; revenues rose 24.8% year/year to RMB 1.11 bln vs the RMB 1.11 bln S&P Capital IQ Consensus.
• Total Gross Merchandise Volume was RMB6,361.0 million, an increase of 55.0% year-over-year.
• Co issues in-line guidance for Q4, sees Q4 revs of RMB 2.2-2.25 bln vs. RMB 2.24 bln S&P Capital IQ Consensus.

Baozun names Robin Lu CFO effective November 30

Lu will succeed Mr. Beck Chen, who will leave the Company to pursue other opportunities. Mr. Chen will continue to work until November 30, 2018 to ensure a smooth transition. Before joining Baozun, Mr. Lu served as Chief Financial Officer of LightInTheBox Holding Co., Ltd. (LITB) from 2014 to 2018.