Investing.com - Baozun (NASDAQ:BZUN) Inc reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Baozun Inc announced earnings per share of -0.12 on revenue of 3.17B. Analysts polled by Investing.com anticipated EPS of 0.5933 on revenue of 3.18B.
Baozun Inc shares are down 35.11% from the beginning of the year, still down 80.61% from its 52 week high of 46.51 set on March 16, 2021. They are under-performing the Nasdaq which is down 15.27% from the start of the year.
Baozun Inc shares lost 5.21% in pre-market trade following 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 February 22, who reported EPS of 3.21 on revenue of 35.72B, compared to forecasts EPS of 3.18 on revenue of 34.88B.
Alibaba ADR had beat expectations on February 24 with third quarter EPS of 16.87 on revenue of 242.58B, compared to forecast for EPS of 15.93 on revenue of 246.3B.
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