Investing.com - Baozun Inc reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Baozun Inc announced earnings per share of -1.26 on revenue of 2.12B. Analysts polled by Investing.com anticipated EPS of 0.4683 on revenue of 2.08B.
Baozun Inc shares are down 44.03% from the beginning of the year and are trading at 7.78 , down-from-52-week-high.They are under-performing the Nasdaq which is down 20.65% from the start of the year.
Baozun Inc shares lost 7.71% in intra-day trade the report.
Baozun Inc follows other major Consumer Discretionary sector earnings this month
Baozun Inc's report follows an earnings missed by Amazon.com on July 28, who reported EPS of -0.2 on revenue of 121.23B, compared to forecasts EPS of 0.1199 on revenue of 119B.
Louis Vuitton ADR had beat expectations on July 26 with second quarter EPS of 2.63 on revenue of 18.95B, compared to forecast for EPS of 2.59 on revenue of 18.27B.
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