FARFETCH LTD (FTCH)
EARNINGS RELEASE - AUGUST 13 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.35/share REV: 326.9/M
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NEXT QTR: EPS: -.35/share REV: 321.3/M
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FULL YR: EPS: 1.18/share REV: 1,420/M
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LAST QTR: EPS: -.33/share ACTUAL: -.24/share (BEAT)
BEAT/MISS RECORD: 100% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -14.78, 22.6, 37.03
EXPECTED JUMP MOVE THIS QUARTER: 15+%
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Links To Latest News and Headlines
By 2025, nearly a third of personal luxury sales could take place digitally. Farfetch wants to facilitate them.
Investors have a new post-pandemic trend to consider when picking luxury stocks: “revenge spending.” The concept first made an appearance in the fashion industry bible, WWD, in March. GQ may have described it best: “After a year spent mostly indoors, with no parties to attend or hot restaurants to crowd into, people are ready to refresh their wardrobes, to avenge what they were denied, in particular life’s luxurious dignities,” observed staff writer Rachel Tashjian. Frustrations brought on by lo
Tech startups received nearly twice the amount of Asian capital in the first six months of 2021 as they did during 2020.
FARFETCH Limited (NYSE: FTCH), the leading global platform for the luxury fashion industry, and thredUP (NASDAQ: TDUP), one of the world’s largest resale platforms for women’s and kids’ apparel, shoes and accessories, today announced a donation program for FARFETCH customers in the US. thredUP’s Resale-as-a-ServiceⓇ (RaaSⓇ) will power the experience, allowing FARFETCH customers to extend the life of their clothes while earning shopping credit and raising money for charity. This follows the succe
The founder, chairman and CEO of Farfetch is spending hundreds of millions of dollars in an effort to bring the two disparate worlds together, and he knows it will happen in the not-too-distant future.
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Avg Daily Volume: 4,511,729 Market Cap: 6.66B
Sector: None Short Interest: 17.49
Ticker delayed 20 minutes
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by Team Stockjumpers