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According to thredUP's 7th annual resale report, the secondhand apparel business is booming and is expected to hit $51 billion by 2023.
The Brazilian firm, which is backed by Warren Buffett, more than doubled its active clients during the quarter and said it is accelerating the rollout of new products and services. “More importantly, the company shared an encouraging qualitative message in the conference call, conveying that its plans have not been hindered by competition,” Credit Suisse analyst Lucas Lopes said in a note to clients. With the stock up 73 percent since its initial public offering in October, some investors may start to wonder if most of the tailwinds are already priced in.
STNE Stands Out in Berkshire Hathaway’s PortfolioStoneCoStoneCo (STNE) had risen 22.0% today as of 11:10 AM Eastern Time. The company released its earnings yesterday and crushed analysts’ estimates. Berkshire Hathaway (BRK-B) is StoneCo’s
Sally Beauty's (SBH) transformation plans and loyalty program are expected to boost growth in the near future. However, dismal margin is likely to persist in fiscal 2019.
Economic Slowdown Deepens, Central Banks Take Charge(Continued from Prior Part)China’s central bankWhile most of the major economies are expected to grow at a slower pace this year compared to 2018, China’s economic slowdown has been getting
Dollar Tree (DLTR) gains from its store-expansion initiatives. These efforts are also driving the company's comparable store sales.
Performances of gambling stocks over the last five trading disappoint, thanks to concerns over Macau gaming revenues, slowdown in China and the trade war between Beijing and Washington.
If you're interested in Adaptimmune Therapeutics plc (NASDAQ:ADAP), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock couldRead More...
Pivotal Software (PVTL) fourth-quarter fiscal 2019 results benefit from growth in subscription revenues on the back of increase in customers and services adoption.
SAN FRANCISCO (AP) _ Pivotal Software Inc. (PVTL) on Thursday reported a loss of $38.9 million in its fiscal fourth quarter. The San Francisco-based company said it had a loss of 15 cents per share. The results beat Wall Street expectations.
Tesla and Elon Musk Tweet First Model Y TeaserTeslaLater today at 8:00 PM PT, Tesla (TSLA) is set to unveil its second electric SUV, the Model Y. Both the company and its investors have high hopes for the lower-priced SUV. Over the last few days, a