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Shopify to Report Q3 Earnings: Is the Stock a Portfolio Must-Have?
ZACKS· 2024-11-07 16:25
Shopify (SHOP) is scheduled to report its third-quarter 2024 results on Nov. 12.For the to-be-reported quarter, Shopify expects revenue growth at a low to mid-20% range on a year-over-year basis.The Zacks Consensus Estimate for revenues is currently pegged at $2.11 billion, suggesting growth of 22.96% from the year-ago quarter’s reported figure.The consensus mark for earnings is pegged at 27 cents per share, which remained unchanged over the past 60 days. This indicates 12.50% growth from the figure reporte ...
Unlocking Q3 Potential of Shopify (SHOP): Exploring Wall Street Estimates for Key Metrics
ZACKS· 2024-11-07 15:21
Wall Street analysts expect Shopify (SHOP) to post quarterly earnings of $0.27 per share in its upcoming report, which indicates a year-over-year increase of 12.5%. Revenues are expected to be $2.11 billion, up 23% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a company's earnings announcement, it is crucial to cons ...
Brizy Unveils New Shopify App: Craft Stunning Store Pages, No Code Required
GlobeNewswire News Room· 2024-11-07 07:00
LONDON, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Brizy, a leader in website building across multiple platforms, is excited to announce the launch of Brizy for Shopify—a powerful, no-code landing page builder designed specifically for Shopify store owners. With Brizy for Shopify, users can create high-converting, visually stunning landing pages using an intuitive drag-and-drop interface, empowering businesses to enhance their storefronts effortlessly. Brizy for Shopify provides an ideal solution for store owners, ...
Shopify (SHOP) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-11-05 16:05
Shopify (SHOP) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 12 ...
History Says the S&P 500 Could Jump in November: 2 No-Brainer Stocks to Buy With $100 Right Now
The Motley Fool· 2024-11-03 08:45
Strong competitive positions make Shopify and Uber no-brainer buys in November.November has been the strongest month of the year for the U.S. stock market in the last decade. Specifically, the S&P 500 index (^GSPC 0.41%) returned an average of 3.8% during November over the last 10 years, while its next best month was July with an average return of 3.4%. Moreover, the index produced a positive return in nine of the last 10 Novembers.Of course, past performance is never a guarantee of future results, and inve ...
Coveo partners with Shopify to bring scalable AI search and generative commerce experiences to enterprise customers
Prnewswire· 2024-10-31 13:00
Coveo partners with Shopify, offering their large-scale enterprise customers AI search, personalized recommendations, generative answering and margin optimization for superior shopper experiences.MONTREAL and SAN FRANCISCO, Oct. 31, 2024 /PRNewswire/ - Coveo (TSX: CVO), the leading enterprise AI platform that brings AI Search and generative AI to every point–of-experience, announced today that Coveo has partnered with Shopify to bring its commerce AI capabilities to Shopify enterprise customers. "This partn ...
REVOLVE GROUP ANNOUNCES EXCLUSIVE HOLIDAY SHOP AT THE GROVE IN LOS ANGELES
Prnewswire· 2024-10-30 18:00
 Introducing the REVOLVE Holiday Shop: The Ultimate Destination for Curated Fashion and GiftsLOS ANGELES, Oct. 30, 2024 /PRNewswire/ -- Revolve Group (RVLV), the next-generation fashion retailer for Millennial and Generation Z consumers, announces the opening of its exclusive, REVOLVE Holiday Shop at The Grove in Los Angeles, running from November 14th through January 4th. Photo Credit: REVOLVE REVOLVE's limited-time holiday shop will invite customers into a cozy, winter-themed space, highlighting a fo ...
Is Shopify (SHOP) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2024-10-30 17:46
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the trad ...
Fast Simon Delivers No-Code AI-Powered Search and Merchandising Optimizations to Shopify B2B
GlobeNewswire News Room· 2024-10-30 13:00
LOS ALTOS, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Fast Simon, a Shopify Plus Certified App Partner, today unveiled a new no-code Shopify B2B solution that delivers powerful AI search and merchandising optimization to dramatically improve traditionally complex B2B and wholesale e-commerce experiences and conversions. Relationship-driven B2B e-commerce shopping experiences are racing online. Two-thirds of B2B buyers now start online and consume dozens of pieces of content and digital experiences before pur ...
Shopify Moves Its Financing Solutions Into a Single Hub
PYMNTS.com· 2024-10-29 19:06
Shopify has introduced Shopify Finance, a hub housing all of the eCommerce platform’s financial solutions.“Practices like rigid repayment terms, credit history requirements, or months-long loan approvals have stifled innovation for too long,” the company said Tuesday (Oct. 29).“That’s why, for years, we’ve enabled entrepreneurship with powerful financial offerings so merchants don’t have to depend on lengthy, opaque, and complex processes from traditional banks to keep their business running.”According to a ...