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4 Solid Stocks to Buy as E-Commerce Boosts Retail Sales [Yahoo! Finance]
Last ebay inc. earnings: 4/29 04:15 pm
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US:NASDAQ Investor Relations: investors.ebayinc.com
billion, growing 0.7% month over month in March, which easily surpassed the consensus estimate of a rise of 0.3%. Year over year, retail sales grew 4% in March. Total retail sales for January through March climbed 2.1% from the year-ago levels. Excluding auto, retail sales rose 1.1%, also beating estimates of a rise of 0.5%. The report also pointed out that e-commerce played a major role in driving sales. Online retail sales grew 2.7% sequentially in March. Preference for online shopping has been growing ever since the pandemic compelled people to shop from home. The United States was late in catching up with the trend but consumers have now realized the convenience of shopping online. According to a Forbes Advisor report on E-commerce statistics, 20.1% of the overall retail purchases in 2024 are projected to be done online globally. The report also says that e-commerce sales are projected to jump 8.8% in 2024. The global e-commerce market is forecast to total $6.3 trillion
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- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- EBAY's page on the SEC website
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