Encouragingly, conversion rates grew for both new buyers and returning buyers. Additionally, order volumes were flat, a meaningful acceleration versus the fourth quarter and revenue take rates increased on a sequential basis, GMV growth rebounded by 11 percentage points. GMV grew by 6% and active buyers stabilized. Lastly, we continue to demonstrate the impact of our leaner cost structure on our P&L, with adjusted EBITDA margins improving substantially. We see this as validation that our strategy is working ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR 1STDIBS.COM, INC. (Address of Principal Executive Offices) (Zip Code) (212) 627-3929 (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Delaware 94-3389618 300 Park Avenue Sout ...

1stdibs.com (DIBS) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.11%. A quarter ago, it was expected that this upscale online retailer would post a loss of $0.10 per share when it actually produced a loss of $0.07, delivering a surprise of 30%.Over the last four quarters, the company has ...

New York, NY — May 8, 2024 — 1stdibs.com, Inc. (NASDAQ: DIBS), a leading online marketplace for luxury design products ("1stDibs" or the "Company"), today reported financial results for its first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Other Recent Business Highlights and First Quarter Key Operating Metrics "We are pleased to report that we have continued to make progress against our key goals, with demand metrics recovering across the board. The second consecutive quarter of c ...

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- 1stdibs.com, Inc. (NASDAQ:DIBS), a leading marketplace for extraordinary design, plans to release its first quarter 2024 financial results on Wednesday, May 8, 2024 in a press release before the market opens. The press release can be accessed at the 1stDibs Investor Relations website (investors.1stdibs.com). 1stDibs will also host an earnings webcast to discuss those results at 8:00 a.m. Eastern Time on the same day, which will be accessible via the company's Inv ...

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- 1stdibs.com, Inc. (Nasdaq: DIBS), a leading marketplace for extraordinary design, plans to release its first quarter 2024 financial results on Wednesday, May 8, 2024 in a press release before the market opens. The press release can be accessed at the 1stDibs Investor Relations website (investors.1stdibs.com). 1stDibs will also host an earnings webcast to discuss those results at 8:00 a.m. Eastern Time on the same day, which will be accessible via the company's In ...

The retail sector is roaring back to normal, driven by robust online sales. The Commerce Department said on Apr 15 that retail sales totaled $709.6 billion, growing 0.7% month over month in March, which easily surpassed the consensus estimate of a rise of 0.3%.Year over year, retail sales grew 4% in March. Total retail sales for January through March climbed 2.1% from the year-ago levels. Excluding auto, retail sales rose 1.1%, also beating estimates of a rise of 0.5%.The report also pointed out that e-comm ...

NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- 1stDibs, the leading marketplace for extraordinary design, has announced this year's 1stDibs 50. This esteemed annual list, now in its seventh iteration, honors 50 of today's most visionary designers, whose impeccable taste, unrivaled creativity and expert curation of furniture and objects elevate interiors into works of art. The 2024 1stDibs 50 features a diverse group of talent, with woman-owned businesses accounting for more than half of this year's honorees, ...

For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. 1stdibs.com (DIBS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.1stdibs.com is one of 215 individual stocks in the Retail-Wh ...