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What Makes Sezzle Inc. (SEZL) a Good Fit for 'Trend Investing'
ZACKS· 2024-11-18 14:50
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...
Sezzle Launches Flexible Financing at Rural King
GlobeNewswire News Room· 2024-11-13 14:02
Minneapolis, MN, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Sezzle Inc. (NASDAQ:SEZL) (Sezzle or Company) // - Sezzle, a leader in the flexible payments industry, is excited to announce its partnership with Rural King, also known as RK Holdings, LLP, America's Farm and Home Store. Beginning today, Sezzle will be available online and across all 130 Rural King locations nationwide, providing customers with a flexible, interest-free financing option just in time for the holiday season. Rural King is a General Merchandi ...
Earnings Estimates Moving Higher for Sezzle Inc. (SEZL): Time to Buy?
ZACKS· 2024-11-12 18:21
Sezzle Inc. (SEZL) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and ...
Sezzle Inc. (SEZL) is a Great Momentum Stock: Should You Buy?
ZACKS· 2024-11-12 18:05
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following 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 in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Backcountry Chooses Sezzle for Flexible, Accessible Payment Solutions
GlobeNewswire News Room· 2024-11-11 14:02
Minneapolis, MN, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Sezzle Inc. (NASDAQ:SEZL) (Sezzle or Company) // - Sezzle, a leader in the Buy Now, Pay Later (BNPL) industry, today announced a new partnership with Backcountry, the premier online outdoor retailer. Customers will soon be able to take advantage of Sezzle flexible financing, across all of Backcountry's online and in-store brands, including Steep & Cheap, Competitive Cyclist, and MotoSport. Backcountry’s decision to switch from a competing BNPL provider to S ...
Sezzle (SEZL) - 2024 Q3 - Earnings Call Transcript
2024-11-09 11:53
Financial Data and Key Metrics Changes - Q3 2024 revenue increased by 71.3% year-over-year, driven by higher consumer purchase frequency and subscriber growth [6][32] - Net income for the quarter was $15.4 million, with an adjusted net income of $17.3 million, marking a new quarterly high and a net income margin of 22.1% and an adjusted net income margin of 24.7% [7][32] - The company achieved a score of 151 on its own rule of 100, with 71% revenue growth, 55% gross margin, and 25% adjusted net income margin [8][44] Business Line Data and Key Metrics Changes - Subscription revenue rose by 167%, contributing significantly to overall revenue growth, with the subscriber count reaching 529,000, an increase of 67,000 from the previous quarter [6][34] - The company reported a 41% increase in UMS (Underlying Merchant Sales) [32] Market Data and Key Metrics Changes - The company is outpacing the buy now pay later industry, which is expected to grow at 20% year-on-year, with Sezzle achieving 71% revenue growth [64] Company Strategy and Development Direction - The launch of a banking program with WebBank is expected to simplify operations and enhance profitability by standardizing regulatory procedures across the U.S. [16][17] - The introduction of the On-Demand product aims to increase consumer activation and lifetime value, serving as a bridge to subscription services [19][25] - The company is focusing on enhancing shopping features in the app while not neglecting financial services [55][56] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth trajectory, citing strong performance and market share gains despite a competitive environment [64][66] - The company is optimistic about future growth opportunities, particularly in the buy now pay later sector, and plans to continue focusing on quality growth rather than growth at any cost [68][69] Other Important Information - The company completed a $15 million stock buyback plan during Q3, with over $80 million in unrestricted cash available [45][46] - A universal shelf registration will be filed with the SEC for future capital management, although there are no immediate plans to raise capital [46] Q&A Session Summary Question: Insights on the bank partnership and On-Demand product - Management noted that the partnership with WebBank has simplified operations and improved profitability, with On-Demand showing a 30% increase in activations [50][52] Question: Clarification on 2024 guidance - The adjusted earnings guidance for 2024 excludes discrete tax items, with a focus on providing a more meaningful number for investors [60][61] Question: Future growth outlook - Management believes the buy now pay later sector will grow, and Sezzle aims to gain market share through strong strategies [64][66] Question: Consumer usage frequency and seasonality - Increased utilization from existing customers is attributed to better product offerings, with management noting a seasonal pattern where Q4 sees increased spending followed by a dip in Q1 [70][73]
Sezzle (SEZL) - 2024 Q3 - Earnings Call Presentation
2024-11-09 11:53
�sezzle The Responsible Way to Pay Third Quarter 2024 Earnings Presentation N o v e m b e r 7 , 2 0 2 4 Sezzle Inc. | 3Q24 Presentation | 1 Disclaimer Cautionary Note Regarding Forward-Looking Statements This presentation (the "Prosentation") contains surmary infromation about he activities of Sezzle as of the date of the date of this Presentation is of a goreral nature an rincomation in the Presentation remairs subject to change without notios. Also, the information in the Presentation should not to relied ...
S&P 500 Tops 6,000; Sezzle Shares Spike Higher
Benzinga· 2024-11-08 19:34
U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining around 0.6% on Friday.The Dow traded up 0.83% to 44,092.10 while the NASDAQ rose 0.20% to 19,308.79. The S&P 500 also rose, gaining, 0.60% to 6,009.11.Check This Out: How To Earn $500 A Month From Nvidia Stock After Trump WinLeading and Lagging SectorsConsumer staples shares surged by 1.8% on Friday.In trading on Friday, materials shares fell by 1%.Top HeadlineThe total number of active U.S. oil rigs came in unchanged at 479 rigs ...
Sezzle Inc. (SEZL) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-08 01:56
Sezzle Inc. (SEZL) came out with quarterly earnings of $2.92 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 228.09%. A quarter ago, it was expected that this company would post earnings of $0.84 per share when it actually produced earnings of $2.17, delivering a surprise of 158.33%.Over the last four quarters, the company ha ...
Sezzle (SEZL) - 2024 Q3 - Quarterly Report
2024-11-07 22:46
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 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 001-41781 SEZZLE INC. (Exact name of registrant as specified in its charter) Delaware 81-0971660 (State or other jurisdiction of ...