Mercado Livre detaches itself from the market and grows 19% on Black Friday 2022
MercadoLibre, Inc. (MELI)
Last mercadolibre, inc. earnings: 2/10 04:01 pm
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investor.mercadolibre.com/investor-relations
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Source: GlobeNewswire
Gross revenue of Brazilian e-commerce fell 23% on Friday, compared to 2021, according to analysis by NielsenIQ|Ebit Seller preparation, with a wide mix of categories, and ecosystem efficiency boosted the results of the largest e-commerce in Latin America Mercado Pago registers growth of 38% in gross sales in physical and online retail with diversification of segments such as Health & Wellbeing and Tickets SÃO PAULO, Brazil, Nov. 28, 2022 (GLOBE NEWSWIRE) -- Mercado Livre recorded the best Black Friday in its history. Considering the promotional week from Monday (21/11) to Sunday (27/11), the largest e-commerce in Brazil reached a 19% increase in gross sales, with growth above the company's expectations in the main categories. Consumer Electronics and Fashion were the highlights of the period, confirming the hypothesis that the world football championship would transform the dynamics of consumption on Black Friday. While sales of electronic products continue as a natural voc
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MELI
News
- MercadoLibre (MELI) Stock Falls Amid Market Uptick: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- MercadoLibre, Inc. (NASDAQ: MELI) had its price target lowered by analysts at Citigroup Inc. from $1,990.00 to $1,940.00. They now have a "buy" rating on the stock.MarketBeat
- How to Find Strong Retail-Wholesale Stocks Slated for Positive Earnings Surprises [Yahoo! Finance]Yahoo! Finance
- MercadoLibre to increase investments in Brazil to $4.6 bln in 2024 [Reuters]Reuters
- MercadoLibre to increase investments in Brazil to $4.6 billion in 2024 [Yahoo! Finance]Yahoo! Finance
MELI
Earnings
- 2/22/24 - Miss
MELI
Sec Filings
- 2/23/24 - Form 10-K
- 2/22/24 - Form 8-K
- 2/14/24 - Form SC
- MELI's page on the SEC website