E-Commerce Sales Slowed Sharply in April [MarketWatch]
eBay Inc. (EBAY)
Last ebay inc. earnings: 4/29 04:15 pm
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Source: MarketWatch
Shoppers spent $77.8 billion online in April, down 6.8% from March but up 4.5% from a year ago, reports Adobe (ticker: ADBE). In 2021, online sales were up 9% to $885 billion , after 41% growth in 2020 “As the cost of borrowing and economic uncertainty rises for consumers, we are beginning to see the early impact on both online inflation and spend,” Patrick Brown, Adobe's vice president of growth marketing and insights, said in a statement. The data, part of the monthly Adobe Digital Economy Index series, show that online prices increased 2.9% from a year ago, but fell 0.5% from March. While March was the 23rd consecutive month with a year-over-year increase in the price of online goods, Adobe noted that 10 of the 18 categories tracked in the index saw prices decline in April. Electronics pricing, for instance, was down 5.2% from a year ago, and 0.9% from March. Apparel prices were 12.2% higher than a year ago, but down 1.7% from March. Grocery prices, on the other hand, were u
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EBAY
Earnings
- 2/27/24 - Beat
EBAY
Sec Filings
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- EBAY's page on the SEC website