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0.00177135849570799 0.00354271699141579 0.00476904210382898 0.00476904210382898 0.00476904210382898 0.00476904210382898 0.00476904210382898 0.00476904210382898
Stock impact report

Online Retail Stocks Q4 Earnings: Revolve (NYSE:RVLV) Firing on All Cylinders [Yahoo! Finance]

Wayfair Inc. Class A (W) 
Last wayfair inc. class a earnings: 2/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investor.wayfair.com
Company Research Source: Yahoo! Finance
Consumers ever rising demand for convenience, selection, and speed are secular engines underpinning ecommerce adoption. For years prior to Covid, ecommerce penetration as a percentage of overall retail would grow 1-2% annually, but in 2020 adoption accelerated by 5%, reaching 25%, as increased emphasis on convenience drove consumers to structurally buy more online. The surge in buying caused many online retailers to rapidly grow their logistics infrastructures, preparing them for further growth in the years ahead as consumer shopping habits continue to shift online. The 5 online retail stocks we track reported a mixed Q4. As a group, revenues beat analysts' consensus estimates by 2.3% while next quarter's revenue guidance was 0.7% below. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 9.7% since the latest earnings results. Best Q4: Revolve (NYSE:RVLV) Launched in 2003 by software engineers Michael Mente and Mike Karanikolas Show less Read more
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