Investing.com - Baozun Inc reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Baozun Inc announced earnings per share of -1.33 on revenue of 1.9B. Analysts polled by Investing.com anticipated EPS of -0.033 on revenue of 1.93B.
Baozun Inc shares are up 18.36% from the beginning of the year and are trading at 13.54 , down-from-52-week-high.They are under-performing the S&P/TSX which is up 21.31% from the start of the year.
Baozun Inc shares lost 8.76% in pre-market trade the report.
Baozun Inc follows other major Consumer Discretionary sector earnings this month
Baozun Inc's report follows an earnings beat by Home Depot on November 16, who reported EPS of 3.92 on revenue of 36.82B, compared to forecasts EPS of 3.42 on revenue of 34.95B.
Alibaba ADR had missed expectations on November 18 with second quarter EPS of 11.2 on revenue of 200.69B, compared to forecast for EPS of 11.86 on revenue of 204.14B.
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