Farfetch stock tanks more than 30% after luxury fashion company misses quarterly revenue expectations

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Shars of Farfetch Ltd. dropped more than 30% in the extended session Thursday after the luxury fashion company reported lower-than-expected sales for its...

Shars of Farfetch Ltd.

dropped more than 30% in the extended session Thursday after the luxury fashion company reported lower-than-expected sales for its second quarter. Farfetch posted a loss of $281 million, or 68 cents a share, in the quarter, compared with a loss of $68 million, or 50 cents a share, in the year-ago period. Adjusted for one-time items, Farfetch lost 21 cents a share. Revenue fell to $572 million, from $579 million a year ago.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 3. in BR

Brasil Últimas Notícias, Brasil Manchetes