Black Friday Started Strong. Four Reasons It Matters. [MarketWatch]
Salesforce, Inc. (CRM)
Last salesforce, inc. earnings: 2/25 04:06 pm
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Source: MarketWatch
So far data show consumers are snapping up deals. As of early Friday, it seems Americans were eager to turn from turkey to bargain hunting. Americans spent a record $5.29 billion on Thursday according to Adobe (ticker: ADBE), mostly on their phones: Mobile shopping accounted for 55% of sales—another record. Americans were spending mostly on toys—top sellers spanned Hot Wheels to videogame consoles—but also getting themselves gadgets, Apple (AAPL) AirPods in particular, and smart TVs and digital cameras. Still, the strain of inflation is being felt. Online buy now pay later (BNPL) revenue was up 1.3% this year. Data from Salesforce.com (CRM) were similar. That firm said 78% of all online traffic from the U.S. was on mobile, and online sales were up 9% from last year to $7.5 billion. Globally, online sales rose 1% from 2021 to $31 billion. Deals were there for the taking, if not eye-popping ones. Salesforce noted that online discount rates were up 6% from last year to 27% glob
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CRM
Earnings
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- 4/25/24 - Form 4
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- 4/24/24 - Form 4
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