Baozun (BZUN) Q2 2026 Earnings Call Transcript
Baozun (BZUN) reported Q2 2026 revenue of RMB 2.7B, up 7% YoY. E-commerce revenue grew 5% to RMB 2.3B, while brand management revenue rose 22% to RMB 486M. Non-GAAP operating income increased 25% YoY to RMB 74M. The company raised its 2028 non-GAAP operating profit target to RMB 700M, citing AI-driven improvements and synergies between business segments.


