20.43 +0.22 (1.08%)
After hours: 4:26PM EST
|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||19.72 - 21.17|
|52 Week Range||15.99 - 32.40|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 28, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||27.13|
Farfetch Limited (FTCH), the leading global technology platform for the luxury fashion industry, announced that the company's fourth quarter and full year 2018 financial results will be released after the U.S. market close on Thursday, February 28, 2019. Farfetch will host a conference call to discuss its results at 4:30 p.m. ET the same day. Farfetch Limited is the leading global technology platform for the luxury fashion industry.
Farfetch Limited (FTCH), the leading global technology platform for the luxury fashion industry, today announced that Elliot Jordan, Chief Financial Officer, will present at the ICR Conference in Orlando, Florida, USA. To access the live audio webcast of the presentation, please visit http://farfetchinvestors.com. A replay of the audio webcast will be available for 30 days following the live event at the same website.
Light Street Capital Management is a Palo Alto-based hedge fund, which mainly invests in public companies from the technology and media sectors. It was founded back in 2010 by Glen Kacher, who previously worked at Integral Capital Partners as a managing director, where he was in charge of both public and private investments in the […]
This deal will have Farfetch paying a total of $250 million for Stadium Goods. Instead, Farfetch is planning to use a mix of cash and FTCH stock to acquire Stadium Goods. The exact split of cash and FTCH stock that will go into buying Stadium Goods has yet to be announced.
The lines between streetwear and luxury fashion have blurred in recent years, especially as excitement around sneaker brands like Yeezy and Off-White has soared. A marriage between a luxury fashion marketplace and a sneaker and streetwear reseller seems like a natural way to wrap up M&A in 2018. With that said, Farfetch has acquired New York-based Stadium Goods, opting to pay $250 million for the sneaker startup in a combination of cash and Farfetch stock.
Farfetch Ltd. shares jumped 6.3% in Wednesday trading after the luxury fashion platform announced a definitive agreement to acquire Stadium Goods, a premier sneaker and streetwear marketplace for $250 million in cash and Farfetch shares. Stadium Goods was founded in 2015, and has participated on the Farfetch marketplace since April. Stadium Goods will continue as a standalone brand after the acquisition and the leadership team will continue in their roles. The acquisition is expected to be complete in the first quarter of 2019. Farfetch shares began trading in September. The stock is up 14% for the past month versus a 1.8% decline for the S%P 500 index .
LONDON and NEW YORK, Dec. 12, 2018 /PRNewswire/ -- Farfetch Limited (FTCH), the leading global technology platform for the luxury fashion industry, today announces its definitive agreement to acquire Stadium Goods, the world's premier sneaker and streetwear marketplace, for an enterprise value of $250 million. The consideration payable by Farfetch will be in the form of cash and Farfetch shares, with the exact amounts to be determined at completion following customary adjustments. José Neves, Founder, CEO and Co-Chairman, Farfetch said: "We are thrilled to welcome Stadium Goods to the Farfetch family.
NEW YORK, Nov. 16, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Farfetch Ltd. shares rose 7.2% in early Friday trading after reporting third-quarter sales that beat expectations. This is Farfetch's first earnings announcement after going public. Farfetch is a luxury fashion marketplace. The company reported a loss of $77.3 million, or 30 cents per share, after a loss of $28.2 million, or 12 cents per share, last year. Revenue totaled $132.2 million, up from $86.9 million last year. Earnings missed the FactSet EPS consensus for an 18-cents loss, but revenue beat the $118.0 million guidance. Farfetch reported 854,700 active shoppers, down from 1.2 million last year. But average order value increased to $605.20 from $584.60 in 2017. Wells Fargo analysts said the company "posted very strong results that demonstrate the momentum in the business," with platform gross merchandise volume up to $305.9 million from $200.3 million last year. Wells Fargo rates Farfetch shares outperform with a $30 price target. Farfetch shares have gained nearly 11% over the past month, while the S&P 500 index is down 3.3% for the period.
LONDON-- -- Platform GMV Growth Continued to Outpace Online Personal Luxury Goods Market with 53% Year-Over-Year Increase in Q3 2018 Generated $1.25 Billion Gross Merchandise Value over Last Twelve Months Q3 2018 Revenue Grew 52% with Platform Services Revenue Up 61% Year-Over-Year Active Consumers Up 42% with Number of Orders Increasing 55% Year-Over-Year in Q3 2018 Expanded Brand and Boutique Relationships ...
While Amazon.com Inc. (AMZN) has risen to dominance in virtually all aspects of online retail and e-commerce, there has been one persistent nut it has failed to crack: luxury. Let's take a look at the players trying to succeed where Amazon has failed. Warning! GuruFocus has detected 1 Warning Sign with SFIX.
After a tremendously successful September IPO, shares of online luxury retailer Farfetch Ltd (NASDAQ: FTCH) have cooled in the past month. Wells Fargo analyst Ike Boruchow said Farfetch provides a unique opportunity for retail investors to buy into an early stage e-commerce growth story with an incredibly long expansion runway ahead.
Farfetch Limited (FTCH), the leading global technology platform for the luxury fashion industry, announced that the company's third quarter 2018 financial results will be released after the U.S. market close on Thursday, November 8, 2018. Farfetch will host a conference call to discuss its results at 5:15 p.m. ET the same day. Farfetch Limited is a global omnichannel platform for the luxury fashion industry.
NEW YORK, NY / ACCESSWIRE / September 24, 2018 / FarFetch made its debut in the market on Friday, closing the day up a little over 42%. Blackstone Group also saw gains and hit a new high on remarks from the company’s CFO that the company will be managing $1 trillion in assets by 2026. The company’s president also said to CNBC’s David Faber that he believes the trade war with China will resolve.