Price: $17.9000
$0.01
0.056%
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Day's High:
| $17.91
| Week Perf:
| 0.17 %
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Day's Low: |
$ 17.89 |
30 Day Perf: |
0.39 % |
Volume (M): |
5,820 |
52 Wk High: |
$ 0.00 |
Volume (M$): |
$ 104,185 |
52 Wk Avg: |
$0.00 |
Open: |
$17.89 |
52 Wk Low: |
$0.00 |
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|
Market Capitalization (Millions $) |
1,408 |
Shares
Outstanding (Millions) |
79 |
Employees |
698 |
Revenues (TTM) (Millions $) |
352 |
Net Income (TTM) (Millions $) |
-74 |
Cash Flow (TTM) (Millions $) |
-3 |
Capital Exp. (TTM) (Millions $) |
2 |
Poshmark Inc
Poshmark Inc. is a leading online marketplace that specializes in fashion and lifestyle products, enabling sellers and buyers to connect and transact with ease. The platform was founded in 2011 by Manish Chandra, Tracy Sun, Gautam Golwala, and Chetan Pungaliya. The company is headquartered in Redwood City, California, and has a team of over 1,500 employees.
Poshmark is a mobile-first company, with over 60% of its transactions conducted via its mobile app, available on both iOS and Android devices. The platform allows individuals to buy and sell new or gently used clothing, accessories, shoes, beauty products, and home goods from one another. Poshmark supports a broad range of brands and product categories, ranging from luxury designer items to vintage and secondhand items.
The company has built a strong community-driven platform that fosters communication, sharing, and engagement between users. Poshmark hosts various events, such as Posh Parties, where individuals share their listings and shop each other's closets. Users can also follow one another, like and comment on listings, and share their favorite items across social media platforms.
Poshmark's payment system is secure and easy to use, with the company taking a 20% commission on every sale. The platform offers a flat-rate shipping label for purchases and provides free authentication for luxury items. Poshmark also provides various seller tools, including shipping labels and tips on how to optimize listings to increase visibility and sales.
In 2021, Poshmark went public on the Nasdaq Stock Exchange, raising $277 million in its initial public offering. The company has experienced consistent growth in its revenue, with its revenue increasing from $62.8 million in 2017 to $604 million in 2020.
Overall, Poshmark Inc. is a thriving online marketplace that has revolutionized the way individuals buy and sell fashion and lifestyle products, providing a user-friendly and community-driven platform, along with secure payment systems and useful seller tools.
Company Address: 203 Redwood Shores Parkway Redwood City 94065 CA
Company Phone Number: 262-4771 Stock Exchange / Ticker: NASDAQ POSH
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Stock Performances by Major Competitors |
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The Honest Company Inc
The Honest Company Inc, a personal care company focused on creating clean and sustainable products, recently reported its earnings for the fourth quarter of the 2023 fiscal year. The company demonstrated a significant turnaround in profits, with earnings per share of $0.01, compared to a loss of $0.13 per share in the previous year. Additionally, net profit per share turned positive from a loss of $0.09 per share in the previous reporting period. The company's revenue also showed positive growth, increasing by 11.217% to $91.04 million from $81.86 million in the corresponding period of the previous year. Sequentially, revenue grew by 6.849% from $85.21 million. While this growth is commendable, it fell slightly below the 12.34% growth realized by the rest of the Internet, Mail Order and Online Shops industry during the same quarter.
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A K A Brands Holding Corp
San Francisco, known in the fashion industry as A.K.A. Brands Holding Corp. (NYSE: AKA), has recently reported its financial results for the fourth quarter and full year ending December 31, 2023. Despite a slight decrease in net sales for the fourth quarter, the company saw an increase in net sales in the U.S. and a significant improvement in net loss compared to the previous year. This positive trend is a testament to the company's strategic initiatives and focus on maximizing shareholder value. In a bold move to further enhance shareholder value, A.K.A. Brands Holding Corp. recently announced an increase of $3 million to its share repurchase program, totaling $5 million. By repurchasing its own shares from the open market, the company aims to reduce the number of outstanding shares and increase existing shareholders' ownership stake. This decision reflects management's confidence in the company's future earnings and prospects, signaling a strong belief in the company's continued growth and success.
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Lulu S Fashion Lounge Holdings Inc
Lulu S Fashion Lounge Holdings Inc, a prominent player in the Internet, Mail Order and Online Shops sector, reported mixed financial results for the fiscal fourth quarter of 2023. The company experienced a significant increase in its loss per share, with a loss of $-0.17 per share compared to $-0.03 per share in the same quarter a year ago. This represents a decline in profitability and raises concerns about the company's ability to generate sustainable earnings. Furthermore, Lulu S Fashion Lounge Holdings Inc witnessed a decline in revenue by -35.02%, generating $75.34 million in the fourth quarter of 2023 compared to $115.95 million in the corresponding quarter of the previous year. This decrease indicates a significant slowdown in the company's top-line growth. Sequentially, revenue deteriorated by -8.702% from $82.53 million, suggesting that the company's performance has been weakening over a shorter period as well.
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Qurate Retail Inc
Qurate Retail Inc, a leading Internet, Mail Order and Online Shops company, recently released its financial results for the financial time-frame closing December 31, 2023. The company reported a deficit per share of $-0.35, which is a significant increase compared to $0.00 per share in the previous year and from $0.00 per share in the prior financial reporting period. The revenue also saw a considerable decline, dropping by -10.862% to $3.14 billion from $3.53 billion in the same financial reporting period a year ago. However, there was a sequential improvement in revenue of 26.785% from $2.48 billion. The decrease in revenue is in contrast to the on average Internet, Mail Order and Online Shops sector, which has seen a top-line improvement. Qurate Retail Inc also reported a net deficit of $-258.000 million, which is higher than the $-30.000 million reported a year ago. The company's inventories have declined to $1,044.0 million, indicating a possible decrease in future demand, both from the previous quarter and relative to the same period a year before.
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Coupang Inc
Coupang Inc, a leading player in the Internet, Mail Order and Online Shops sector, demonstrated impressive growth in its financial report for the period ending December 31, 2023. The company's net profit per share experienced a staggering increase of 892.18% compared to the previous year, reaching $0.57 per share. Additionally, its revenue grew by 23.171%, amounting to $6.56 billion. This top-line surge in the fourth quarter of 2023 outperformed its peers in the sector, who recorded an average revenue growth of 12.53% during the same period. Comparatively, Coupang Inc's earnings per share (EPS) saw an even more remarkable increase of 1030.74%, up from $0.05 per share in the prior year. Furthermore, its revenue grew by 6.104% from $6.18 billion.
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Per Share |
Current |
Earnings (TTM) |
-0.95 $ |
Revenues (TTM) |
4.47 $
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Cash Flow (TTM) |
- |
Cash |
7.48 $
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Book Value |
5.03 $
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Dividend (TTM) |
0 $ |
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Per Share |
|
Earnings (TTM) |
-0.95 $
|
Revenues (TTM) |
4.47 $ |
Cash Flow (TTM) |
- |
Cash |
7.48 $
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Book Value |
5.03 $ |
Dividend (TTM) |
0 $ |
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