Shein faces its first public earnings test as early indicators point to third-quarter weakness
Bloomberg reports that Shein’s board is set to meet September 28 to approve first-half results. Investors are likely to focus on the third quarter, where early indicators point to further weakness.
TLDR
Bloomberg reports that Shein is approaching its first earnings as a public company. Its board is set to meet September 28 to approve first-half results, but investors are likely to watch for third-quarter clues. Bloomberg says the stock is down nearly 28% since listing amid slowing demand, rising costs and mounting regulatory pressure.
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