This year is likely to be a good one for e-commerce, with the segment expected to take away big slices of the total retail pie. Commerce Department numbers for the last quarter is proof of this: e-commerce sales in the fourth quarter of 2023 grew 7.5% over 4Q22 (0.8% sequentially), with total retail sales increasing 2.8% (0.4% sequentially). E-commerce accounted for around 15.6% of total U.S. retail sales. The convenience of online shopping remains the top reason for ecommerce volumes and this is particular ...

Can a low-growth business reward shareholders?Shares of online marketplace eBay (EBAY -0.87%) were up 11.6% in March, according to data provided by S&P Global Market Intelligence. While there wasn't a specific catalyst in March, the company reported full-year financial results for 2023 in late February. And some analysts weighed in positively about eBay stock in March in light of its 2023 report.Some investors wrongly think that eBay is a business in decline. But the report for 2023 showed it is a stable bu ...

In a nod to Ken's racing number, the drop includes 43 collectibles representing his projects through the years, from dinged-up wheels featured on the "Hoonicorn" in Gymkhana 10 and the "Hoonitron" in Electrikhana One and Two, to the hood, bumper and race suit from Ken's 2015 Global RallyCross Championship campaign. Beyond Ken's personal collection, fans can also purchase limited-run apparel designed in collaboration with Block House Racing. "Ken Block was an undeniable inspiration to car lovers and fans eve ...

Sign on facade at headquarters of Internet auction company Ebay in the Silicon Valley, San Jose, ... [+] California, March 15, 2019. (Photo by Smith Collection/Gado/Getty Images)Getty ImageseBay’s stock (NASDAQ NDAQ : EBAY) has gained roughly 19% YTD, as compared to the 9% rise in the S&P500 index. However, at its current price of $52, the stock is trading 6% above its fair value of $49 – Trefis’ estimate for eBay’s valuation. Amid the current financial backdrop, EBAY stock has seen little change, moving sl ...

Stock buybacks, or share repurchase programs, are commonly executed by companies to boost shareholder value. A stock buyback occurs when a company purchases outstanding shares of its stock. In its simplest form, buybacks represent companies essentially re-investing in themselves.In 2024, several companies – HCA Healthcare (HCA) , Meta Platforms (META) , and eBay (EBAY) – have unveiled repurchase programs. In addition to buybacks, all three sport a favorable Zacks Rank, reflecting positive earnings estimate ...

Fool.com contributor Parkev Tatevosian discusses why this dividend stock, in particular, is an excellent purchase for passive income investors. *Stock prices used were the afternoon prices of March 8, 2024. The video was published on March 10, 2024. ...

Justin Sullivan eBay (NASDAQ:EBAY) shares are up almost 10% since the company opened books for the December quarter 2024, and rightly so: eBay's value thesis, which I initiated about 15 months ago on the backdrop of strong commercial momentum, is taking shape, fueled by an impressive Q4 report and a promising outlook for FY24. The marketplace giant is delivering a solid performance in the core commerce business, while advertising revenues are soaring. Moreover, Strategic cost management and a generous s ...

eBay Inc. (NASDAQ:EBAY) Morgan Stanley Technology, Media & Telecom Conference Call March 4, 2024 3:40 PM ET Company Participants Jamie Iannone - Chief Executive Officer Steve Priest - Chief Financial Officer Conference Call Participants Nathan Feather - Morgan Stanley Nathan Feather Great. Well, good afternoon, everyone, and thank you so much for joining us. My name is Nathan Feather and I am Morgan Stanley's small and mid-cap Internet analyst. I'm excited to be joined this afternoon by Jamie Iannone, eBay' ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023. OR ☐ 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 001-37713 eBay Inc. (Exact name of registrant as specified in its charter) Delaware 77-0430924 (State or other jurisdiction of incorporation or o ...

eBay Inc. (EBAY) reported fourth-quarter 2023 non-GAAP earnings of $1.07 per share, which beat the Zacks Consensus Estimate by 3.9%. The bottom line was flat year over year.Net revenues of $2.6 billion surpassed the Zacks Consensus Estimate of $2.5 billion. The figure increased 2% from the year-ago quarter on a reported basis and 3% on an FX-neutral basis.Strengthening momentum across advertising offerings of EBAY was a tailwind.eBay’s first-party advertising products generated revenues of $368 million, up ...