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 ...

Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Has 1stdibs.com (DIBS) been one of those stocks this year? 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 a member of our Retail-Wholesale group, which includes 218 different companies and currently sits at #11 in the Zacks Sector Rank. The Zacks Sector Rank gauges the ...

The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies 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? Let's take a closer look at the stock's year-to-date performance to find out.1stdibs.com is a member of the Retail-Wholesale sector. This group includes 219 individual stocks and currently holds a Zacks Sector R ...

Financial Data and Key Metrics Changes - Gross margins expanded from the high 60s to the low 70s despite lower revenue [5] - Adjusted EBITDA margins improved to negative 8.4% in the second half of 2023 from negative 21.7% in the same period of 2022 [5] - Total operating expenses decreased by 19% to $20.1 million, reflecting the benefits of restructuring [24] - Adjusted EBITDA loss was $1.7 million compared to a loss of $4.5 million last year [24] Business Line Data and Key Metrics Changes - GMV for the fourth quarter was $86.4 million, down 17% due to soft demand for luxury home goods [39] - Average order value decreased by 7% to approximately $2,530, while median order value remained flat at approximately $1,150 [22] - Listings increased by 12%, with over 1.7 million listings on the marketplace [40] Market Data and Key Metrics Changes - Active buyers decreased by 10% to approximately 60,700 [40] - Unique sellers increased to approximately 7,800, up from 5,600 a year ago [23] - Traffic declines were observed in both paid and non-paid segments year-over-year [39] Company Strategy and Development Direction - The company is focusing on three themes: personalized buying, competitive inventory pricing, and scalability [6] - A new pricing structure was implemented requiring all new sellers to pay a monthly subscription fee, which is expected to increase engagement [45] - The company aims to optimize the make offer process to enhance conversion and order volumes [19] Management's Comments on Operating Environment and Future Outlook - Management acknowledged ongoing economic uncertainty and its impact on consumer behavior, particularly in discretionary spending [42] - There are signs of stabilization in GMV, with expectations for sequential growth in the first quarter of 2024 [50] - The company remains committed to adapting to market dynamics while maintaining cost discipline [8] Other Important Information - The company initiated a $20 million share repurchase program, repurchasing $3.5 million worth of shares since its inception [18] - Technology development expenses decreased by 22% to $4.4 million, driven by lower headcount-related expenses [11] - Interest income increased to approximately $1.7 million, up from $860,000 a year ago [24] Q&A Session Summary Question: Insights on the new pricing structure for sellers - Management noted that new sellers are required to pay a minimum of $99 a month, which is expected to increase engagement and posting activity [45] Question: Highlights of successful new features from AB testing - Management reported a 300% year-over-year increase in the number of tests launched, contributing to conversion growth [47] Question: Signals indicating demand recovery in 2024 - Management expressed optimism about demand stabilization, with sequential GMV expected to remain flat for three consecutive quarters [50] Question: Regional performance differences in demand - Management indicated no significant differences in performance across regions, focusing on conversion improvements [56]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number 333-256188 1stdibs.com, Inc (Exact name of registrant as specified in its charter) Delaware 94-3389618 (State or other ...

1:DIBS Investor Presentation 2023 Q4 Disclaimer This presentation should not be relied upon for the purpose of evaluating the performance of the Company or for any other purpose, and neither the Company nor any of its affiliates, directors, officers, partners, employees, agents or advisers nor any other person, shall be liable for any direct, indirect or consequential liability, loss or damages suffered by any person as a result of this presentation or their reliance on any statement, estimate, target, proj ...

1stdibs.com (DIBS) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 30%. A quarter ago, it was expected that this upscale online retailer would post a loss of $0.18 per share when it actually produced a loss of $0.08, delivering a surprise of 55.56%.Over the last four quarters, the company has ...

Exhibit 99.1 1stDibs Reports Fourth Quarter and Full Year 2023 Financial Results New York, NY — February 28, 2024 — 1stdibs.com, Inc. (NASDAQ: DIBS), a leading online marketplace for luxury design products ("1stDibs" or the "Company"), today reported financial results for its fourth quarter and year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights Full Year 2023 Financial Highlights "Throughout 2023, we laid the groundwork for future success," said David Rosenblatt, 1stDibs Chief Executive ...

RICHMOND, Va.--(BUSINESS WIRE)--Journey Health & Lifestyle Brands (“Journey”, or the “Company”), a Virginia-based developer, manufacturer and distributor of direct-to-consumer (DTC) premium, branded products for seniors, today announced the appointment of Adam Karp as Chief Executive Officer, and as a member of Journey’s Board of Directors. Most recently, Adam co-founded and served as the CEO of Lively Hearing, Inc. (“Lively”), a direct-to-consumer hearing aid business that was acquired by GN Hearing in 202 ...

NEW YORK, Feb. 07, 2024 (GLOBE NEWSWIRE) -- 1stdibs.com, Inc. (NASDAQ:DIBS), a leading marketplace for extraordinary design, plans to release its fourth quarter and year end 2023 financial results on Wednesday, February 28, 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 vi ...