$JD 3Q results:
Revenue +5.1% to $37.1B (BEAT!) ✅
Adjusted EPS +29.5% to $1.24 (Major BEAT!)✅
Metrics:
➡️ JD Retail rev +6.1% to $32.1B
- Electronics & Appliances +2.7% to $17.5B
- Gen. Merchandise +8.0% to $11.7B
➡️ JD Logistics rev +6.5% to $6.3B
➡️ New Biz rev -25% to $0.7B
➡️ Repurchased 15.5m ADS ($390m) shares in 3Q
➡️ Has another $5B or so under new buyback program
➡️ CEO Sandy Xu: We believe we’ve laid a solid foundation for sustainable operational and financial progress in the months and years ahead.
Adjusted EPS +29.5% to $1.24 (Major BEAT!)✅
Metrics:
➡️ JD Retail rev +6.1% to $32.1B
- Electronics & Appliances +2.7% to $17.5B
- Gen. Merchandise +8.0% to $11.7B
➡️ JD Logistics rev +6.5% to $6.3B
➡️ New Biz rev -25% to $0.7B
➡️ Repurchased 15.5m ADS ($390m) shares in 3Q
➡️ Has another $5B or so under new buyback program
➡️ CEO Sandy Xu: We believe we’ve laid a solid foundation for sustainable operational and financial progress in the months and years ahead.
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Sg Lion : Who knows if what is said in Chinese concept stocks is true or false. Whether Wall Street believes it is another matter.
JC1616 Sg Lion : This is funny, you know JD also being audited by international audit firm like Big 4 which are from US?