Vipshop Holdings
Q2 2022 Earnings Call
Aug 19, 2022, 7:30 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Ladies and gentlemen, good day, everyone, and welcome to Vipshop Holdings Limited second quarter 2022 earnings conference call. At this time, I would like to turn the call to Ms. Jessie Zheng, Vipshop's head of investor relations. Please proceed.
Jessie Zheng -- Head of Investor Relations
Thank you, operator. Hello, everyone. Thank you for joining Vipshop's second quarter 2022 earnings conference call. With us today are Eric Shen, our co-founder, chairman, and CEO; and David Cui, our CFO.
Before we begin, I would like to remind you that the discussion today will contain forward-looking statements made under safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from our current expectations. Potential risks and uncertainties include, but are not limited to, those outlined in our safe harbor statements in our earnings release and public filings with the Securities and Exchange Commission, which also applies to this call to the extent any forward-looking statements may be made.
Please note that certain financial measures used on this call, such as non-GAAP operating income, non-GAAP net income and non-GAAP net income per ADS are not presented in accordance with U.S. GAAP. Please refer to our earnings release for the reconciliation of our non-GAAP measures to GAAP measures. With that, I would now like to turn the call over to Mr.
Eric Shen.
Eric Shen -- Co-Founder, Chairman, and Chief Executive Officer
Good morning, and good evening, everyone. Welcome, and thank you for joining our second quarter 2022 earnings conference call. Our second quarter results came in better than expected driven by improving macro conditions toward the end of the quarter with the COVID-19 pandemic effectively under control. Supply chain and logistics efficiency largely recovered, and the consumer segment also picked up gradually.
Our top-line performance was helped by a month-on-month recovery in consumption, especially more resilient trends in June. Even though sales were still under pressure, our bottom line increased. And the margins improved year over year, thanks to greater disciplining operations. This sector result demonstrates the resilience of our business model, as well as the strong execution and the flexibility of the entire company to address external uncertainties.