唯品会(纪要):期待下半年重回正增长,回报利润的 75% 给股东

海豚投研
May 20, 2025

以下是$唯品会(VIPS.US)FY25 Q1 的财报电话会纪要,财报解读请移步《唯品会:再度跌向谷底,这次还有回购托底吗?》一、财报核心信息回顾1、股东回报计划:2025 年承诺:返还不低于 2024 年非 GAAP 净利润(90 亿元)的 75%。2025 年迄今回报:已向股东返还超 4 亿美元,包括约 2.5 亿美元年度股息和超 1.5 亿美元股份回购。截至 2025 年 3 月 31 日,...

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