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.

Earnings this week : Nov 19 - 23, 18 (wk 47)

Earnings confirmed to report this week

Monday (Nov 19) 

• Morning: JD SPB
• Afternoon: A BECN BRKS GH INTU JACK KLIC LB NUAN PSTG URBN

Tuesday (Nov 20)

• Morning: ADI BBY BKS CPB DY HRL JEC KSS LOW MDT MMS NJR PDD ROST SFL TGT TJX
• Afternoon: ADSK BILI BJ CAL CPRT ESL FL GPS KEYS QADA SE

Wednesday (Nov 21)

• Morning: BZUN CMCM DAKT DE QD
• Afternoon: None

Thursday (Nov 22)

• Markets closed for Thanksgiving

Friday (Nov 23)

• None

Baozun (BZUN) reported earnings on Tue 6 March 2018 (b/o)

** charts before earnings **

 

** charts after earnings **

 

Baozun beats by $0.76, beats on revs; guides Q1 revs above two analyst estimate 

• Reports Q4 (Dec) earnings of RMB 2.72 per share, RMB 0.76 better than the Capital IQ Consensus of RMB 1.96; revenues rose 23.0% year/year to RMB 1.56 bln vs the RMB 1.54 bln Capital IQ Consensus.
• Co issues upside guidance for Q1, sees Q1 revs of RMB 860-890 mln, excluding non-recurring items, vs. RMB 840.57 mln two analyst estimate.
• Total Gross Merchandise Volume was RMB8,428.9 million, an increase of 75.5 % year-over-year.
• Distribution GMV was RMB907.7 million, an increase of 1.0% year-over-year.
• Non-distribution GMV was RMB7,521.2 million, an increase of 92.6% year-over-year.
• Outlook Details: While the Company is transitioning more of its business from the distribution model towards the non-distribution model, Baozun is providing quarterly guidance on services revenues. The Company expects services revenue to increase by over 50% on a year-over-year basis for the first quarter of 2018.

Baozun (BZUN) — is it a sell?

• 11/21/17:  Right after earnings.  Is BZUN a sell? 

• 3/5/18 (4 months later):  BZUN dropped another 15% following the earnings.

Baozun (BZUN) reported earnings on Tue 21 November 2017 (a/h)

** charts before earnings **

 

** charts after earnings **

Baozun beats on top and bottom lines; Q4 revs guidance range near high end of estimate 

• Reports Q3 (Sep) earnings of RMB 0.64 per ADS, RMB 0.08 better than the Capital IQ Consensus of RMB 0.56; revenues rose 18.8% year/year to RMB 890.2 mln vs the RMB 876.3 mln Capital IQ Consensus.
• Total Gross Merchandise Volume was RMB4,104.0 million, an increase of 70.7% year-over-year. Number of brand partners increased to 146 as of September 30, 2017, from 127 as of September 30, 2016. Number of GMV brand partners increased to 141 as of September 30, 2017, from 115 as of September 30, 2016. 
• Co sees Q4 revs of RMB1.49-1.53 bln vs. RMB 1.49 bln Capital IQ Consensus Estimate. While the Company is transitioning more of its business from the distribution model towards the non-distribution model, Baozun began providing quarterly guidance on services revenues starting in the second quarter of 2017. For the fourth quarter of 2017, the Company expects services revenue to increase by over 55% on a year-over-year basis. 

Long trade : BZUN +25% (9/17)

• Sept. 1:  vol. 3.5 M;  $29

Long trade : BZUN (7/16)

Long trade : BZUN (11/15)