Shein reports revenue declines in Europe and US and lower profit margin in Q2
Shein said its European revenue fell 13.9% and U.S. revenue fell 6%, while its Q2 global sales were €9.727 million and profit margin dropped to 2.1% due to higher transport costs.
What we know
Each line rests on the points it links to; the bars count the sources behind it.
- According to SAPO Notícias, Shein reported a 13.9% revenue decline in Europe and a 6% decline in the United States.
- According to Jornal de Negócios, the company posted global sales of €9.727 million in Q2 and its net profit margin fell to 2.1% because of higher transport costs.
Points, in the order they emerged
A point is one statement a source made. It is confirmed when two or more independent sources carry it. Quotes are verbatim.
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Shein reported global sales of €9.727 million in Q2, with a net profit margin falling to 2.1% because of higher transport costs.
One sourceWhat the source said
Is this point wrong? Tell usJornal de Negócios“Gigante do retalho online chinesa fechou o segundo trimestre com vendas globais de 9.727 milhões de euros, tendo a margem de lucro líquida caído para 2,1%”
Machine translation: The Chinese online retail giant closed the second quarter with global sales of €9.727 billion, with net profit margin falling to 2.1%
devido à escalada nos preços do transporte devido ao conflito no Médio Oriente.
Read at Jornal de Negócios -
Shein reported a 13.9% revenue decline in Europe and a 6% decline in the United States.
One sourceWhat the source said
Is this point wrong? Tell usSAPO Notícias“Receitas recuaram 13,9% na Europa e 6% nos Estados Unidos.”
Machine translation: Revenue fell 13.9% in Europe and 6% in the United States.
Plataforma de ‘moda rápida’ apresentou os primeiros resultados desde a entrada em bolsa. Receitas recuaram 13,9% na Europa e 6% nos Estados Unidos.
Read at SAPO Notícias
Who reported it
What the reports add
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