Gen Z's obsession with a $10 naked baby figurine is causing a worldwide shortage: ‘Some customers come every day, for three days straight' [Yahoo! Finance]
eBay Inc. (EBAY)
Last ebay inc. earnings: 4/29 04:15 pm
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Source: Yahoo! Finance
The Sonny Angel—a cute, collectible cherubic figurine, stark naked save for its colorful headwear—has exploded in popularity over the past two years thanks to social media. Demand is so high it's led to a worldwide shortage from its North and South American supplier, Dreams USA—and spawned a gray market where 3,000% markups, Facebook Marketplace scams, and AliExpress fakes run rampant. “There is absolutely a shortage of supply,” Dreams USA vice president Alan Buff told Fortune “Demand is surging in the U.S. and Western Europe and is also growing in East Asia again,” Buff continued. “The factory's capacity limits are posing challenges, and many of our loyal retailers are getting only a fraction of the quantities they'd like to receive.” Typically retailing for between $10 and $20 in the U.S., Sonny Angels come in blind boxes, which keep the Angels' design a mystery until opened. With more than 1,000 variations wearing different headwear inspired by food, animals, or plants, fans
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News
- eBay Inc. (NASDAQ: EBAY) had its price target raised by analysts at Robert W. Baird from $50.00 to $57.00. They now have an "outperform" rating on the stock.MarketBeat
- eBay Inc. (NASDAQ: EBAY) had its price target raised by analysts at Mizuho from $44.00 to $49.00. They now have a "neutral" rating on the stock.MarketBeat
- eBay posts revenue increase of 2% in Q1 FY24 [Yahoo! Finance]Yahoo! Finance
- eBay (EBAY) Reports Q1 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
- EBay Shares Fall on Weak Revenue Forecast For Current Quarter [BNN Bloomberg (Canada)]BNN Bloomberg
EBAY
Earnings
- 5/1/24 - Beat
EBAY
Sec Filings
- 5/1/24 - Form 8-K
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- EBAY's page on the SEC website