Baozun Inc (ADR) (BZUN) reported quarterly earnings results on Monday, May-23-2016. The company said it had a profit of $0.04 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $0.03. The company posted revenue of $103.60 million in the period, compared to analysts expectations of $93.30 million.
Baozun Inc (ADR) opened for trading at $5.64 and hit $5.8 on the upside on Friday, eventually ending the session at $5.73, with a gain of 2.87% or 0.16 points. The heightened volatility saw the trading volume jump to 2,80,932 shares. Company has a market cap of $863,941 M.
Baozun Inc. formerly Baozun Cayman Inc. is a holding company. The Company through its wholly owned subsidiary Shanghai Baozun E-Commerce Limited provides e-commerce solutions in China. The Company is a digital and e-commerce service partner in China. The Company is engaged in providing e-commerce solutions including the sales of apparel home and electronic products online store design and setup visual merchandising and marketing online store operations customer services warehousing and order fulfillment. The Company’s services include e-commerce marketing store operations warehousing and logistics customer service and omni-channel solutions. It partners with nationwide and local logistics services providers and has approximately 94 brand partners. The Company operates over five warehouses.