Shopify(SHOP)

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Shopify takes down Ye website selling swastika shirts after Super Bowl ad
CNBC· 2025-02-11 15:58
Rapper Ye, formerly known as Kanye West, performs onstage during a "Vultures 1" concert in Inglewood, California on March 14, 2024.Shopify has taken down a site advertised by rapper Ye, formerly known as Kanye West, that sold swastika t-shirts.The rapper ran an advertisement on Sunday during the Super Bowl that directed viewers to visit Yeezy.com, where it promoted a single product — a $20 t-shirt with a black swastika. The site was online until Tuesday morning.A Shopify spokesperson said the Canadian e-com ...
Shopify Stock Volatile After Earnings
Schaeffers Investment Research· 2025-02-11 15:07
SHOP was lower premarket, gained out of the gate, and is now lower againShopify Inc (NYSE:SHOP) stock is down 2% to trade at $124.63 this morning, paring an earlier push higher. The e-commerce giant reported fourth-quarter earnings and revenue that exceeded expectations, but the top-line beat is being overshadowed by first-quarter 2025 guidance that fell short of estimates.SHOP hit a record peak of $125.79 out of the gate, breaking out of a bullish flag pattern that began with a 21% post-earnings gap higher ...
Shopify (SHOP) Matches Q4 Earnings Estimates
ZACKS· 2025-02-11 14:30
Shopify (SHOP) came out with quarterly earnings of $0.44 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this cloud-based commerce company would post earnings of $0.27 per share when it actually produced earnings of $0.36, delivering a surprise of 33.33%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Shopify, which b ...
Shopify's Growth Still Looks Solid
The Motley Fool· 2025-02-11 14:25
Here's our initial take on Shopify's (SHOP 2.12%) fourth-quarter financial report.Key MetricsMetricQ4 2023Q4 2024Changevs. ExpectationsTotal revenue$2.14 billion$2.81 billion+31%BeatAdjusted earnings per share$0.34$0.44+29%BeatGross merchandise value$75.1 billion$94.5 billion+26%n/aFree cash flow$446 million$611 million+37%n/aA Milestone for ShopifyShopify's fourth-quarter financial report kept the company on a track toward regaining its full glory after losing well over 80% of its value during the 2022 bea ...
Shopify beats on fourth-quarter revenue, but gives mixed guidance
CNBC· 2025-02-11 14:20
"We expect the strong merchant momentum from Q4 to carry over into Q1, recognizing that Q1 is consistently our lowest [gross merchandise volume] quarter seasonally," the company said in its earnings release.Shopify forecasted revenue in the first quarter to grow at a mid-20% percentage rate, which is roughly in line with analysts' expectations of 24.4% revenue growth, according to LSEG.Shopify on Tuesday reported better-than-expected sales for the fourth quarter but missed on earnings. Shares whipsawed in p ...
Shopify(SHOP) - 2024 Q4 - Earnings Call Presentation
2025-02-11 13:52
Leading the future of commerce February 11, 2025 Advisories This presentation contains forward-looking statements and forward looking information (collectively, "forward-looking statements") that are based on our management's current estimates, beliefs and assumptions and management's perception of historic trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements may be identified by words such as "expect ...
Shopify(SHOP) - 2024 Q4 - Annual Report
2025-02-11 12:02
Merchant Base and Growth - As of December 31, 2024, Shopify had millions of merchants from over 175 countries, with 45% located in the United States and 30% in Europe, the Middle East, and Africa[27]. - Historical merchant cohorts have shown consistent revenue growth, with revenue from retained merchants offsetting losses from those leaving the platform[28]. - Shopify's growth strategy includes expanding its merchant base and innovating its platform to add value for existing merchants[39]. - The company anticipates that future Monthly Recurring Revenue (MRR) will continue to grow as it tailors sales strategies to attract larger volume brands[1]. - Shopify's brand recognition and reputation are critical to its ability to expand its merchant base and financial results[52]. Product and Platform Development - Shopify's platform supports a diverse range of sales channels, including online storefronts and physical retail spaces, enhancing merchant capabilities[26]. - The company offers subscription solutions and merchant solutions, with the majority of gross merchandise volume (GMV) generated from Shopify Plus plan subscribers[33]. - More than 16,000 apps were available in the Shopify App Store as of December 31, 2024, contributing to the growth of the merchant base[30]. - Shopify's research and development efforts focus on product management, development, and design to support merchant success[38]. - The company plans to invest further in its technology infrastructure to enhance scalability, reliability, and performance for merchants[45]. Technology and Innovation - Shopify is investing in data analytics, machine learning, and AI to enhance merchant productivity and operational efficiency[37]. - The company expects to continue investing in data analytics, machine learning, and AI to enhance merchant success and platform functionality[37]. - Shopify's ability to leverage emerging technologies, including AI, is a significant competitive advantage in the market[52]. Financial Strategy and Performance - Shopify does not expect to pay any cash dividends in the foreseeable future, opting to reinvest earnings to fund growth[24]. - The company plans to continue investments to drive future growth and expand its global revenue base[39]. - Shopify's business is affected by seasonality, with historically higher GMV and revenue during the fourth quarter[40]. Sustainability and Corporate Responsibility - The company has launched a Sustainability Fund aimed at supporting impactful carbon-removal technologies, with a goal to collectively purchase over $1 billion of permanent carbon removal by the end of 2030[46]. - Shopify launched the Sustainability Fund in 2019 to support impactful carbon-removal and reduction technologies, aiming to collectively purchase over $1 billion of permanent carbon removal by the end of 2030[46]. - The company is committed to sustainability by reducing emissions from its operations and enabling merchants to address carbon associated with shipping through the Shopify Planet app[46]. Competitive Landscape - Shopify operates in a highly competitive and fragmented market, with key competitive factors including ease of use, integration of sales channels, and the pace of innovation[47]. - The company is subject to various foreign and domestic laws that may affect its operations, including regulations related to cybersecurity, privacy, and the protection of data[54]. - Shopify's market may see increased competition as the growth of e-commerce attracts new entrants and offerings from existing competitors[49]. Employee Engagement and Culture - As of December 31, 2024, Shopify had approximately 8,100 employees worldwide, with a high employee engagement rate of 90% recommending their team[43]. - As of December 31, 2024, Shopify employed approximately 8,100 employees worldwide, fostering a remote-first work environment[43]. Intellectual Property and Legal Considerations - The company emphasizes the importance of its intellectual property and employs various legal protections to safeguard it[50]. - The company has established confidentiality agreements and license agreements to protect its intellectual property from unauthorized access and use[50]. - Shopify is subject to evolving laws and regulations that may impact its business operations, particularly concerning cybersecurity and data protection[54][55]. - The company faces potential liability related to the content of merchants' shops, which could adversely affect its business and reputation[55].
Shopify(SHOP) - 2024 Q4 - Annual Results
2025-02-11 12:01
Shopify Merchant Success Powers Q4 Outperformance Across Both Top and Bottom-Line Q4 Revenue Growth Accelerates to 31% and Free Cash Flow Margin Expands to 22%; Full Year Revenue Up 26% and Free Cash Flow Margin Increases to 18% Internet, Everywhere - February 11, 2025 - Shopify Inc. (NYSE, TSX: SHOP), a leading commerce technology company announced today financial results for the quarter and year ended December 31, 2024. "2024 was a stand-out year for Shopify. We seized every opportunity to fuel our growth ...
Shopify Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2025-02-11 08:22
Shopify Inc. SHOP will release its fourth-quarter financial results, before the opening bell, on Tuesday, Feb. 11, 2025.Analysts expect the Ottawa, Canada-based company to report quarterly earnings at 43 cents per share, up from 34 cents per share in the year-ago period. Shopify projects quarterly revenue of $2.73 billion, compared to $2.14 billion a year earlier, according to data from Benzinga Pro.On Jan. 7, EMERGE Commerce Ltd announced the sale of its premium web domains, Shop.ca and Shop.us, to Shopify ...
Shopify Stock's Bullish Run Faces Q4 Earnings Test: Can It Maintain Momentum?
Benzinga· 2025-02-10 18:56
Shopify Inc SHOP will be reporting its fourth-quarter earnings on Tuesday. Wall Street expects 43 cents in EPS and $2.73 billion in revenues as the company reports before market hours.The stock is up 36.11% over the past year, 12.81% year-to-date.Let’s look at what the charts indicate for Shopify stock and how the stock currently maps against Wall Street estimates.Read Also: $1000 Invested In This Stock 15 Years Ago Would Be Worth This Much TodayShopify Stock Strongly Bullish Ahead Of Q4 Earnings Shopify’s ...