Latest news with #1stdibs.com
Business Wire
7 days ago
- Business
- Business Wire
1stDibs to Participate in Upcoming Investor Conference
NEW YORK--(BUSINESS WIRE)-- Inc. (Nasdaq: DIBS), a leading online marketplace for luxury design products, announced today that CEO David Rosenblatt and CFO Tom Etergino will present at the East Coast IDEAS Investor Conference on Thursday, June 12th at 9:15am ET. A live webcast and replay of the presentation will be available on the company's Investor Relations website ( About 1stDibs 1stDibs is a leading online marketplace for connecting design lovers with highly coveted sellers and makers of vintage, antique, and contemporary furniture, home décor, art, jewelry, watches and fashion.
Business Wire
09-05-2025
- Business
- Business Wire
1stDibs Reports First Quarter 2025 Financial Results
NEW YORK--(BUSINESS WIRE)-- Inc. (NASDAQ: DIBS), a leading online marketplace for luxury design products ("1stDibs" or the "Company"), today reported financial results for its first quarter ended March 31, 2025. First Quarter 2025 Financial Highlights Net revenue was $22.5 million, an increase of 2% year-over-year. Gross profit was $16.3 million, an increase of 2% year-over-year. Gross margin was 72.4%, compared to 72.5% in the first quarter 2024. GAAP net loss was $4.8 million compared to a net loss of $3.3 million in the first quarter 2024. Non-GAAP Adjusted EBITDA and Adjusted EBITDA Margin was $(1.7) million and (7.8)%, respectively, compared to $(1.8) million and (8.1)%, respectively, in the first quarter 2024. Cash, cash equivalents and short-term investments totaled $101.0 million as of March 31, 2025. "Our momentum continued in the first quarter, with strong execution, market share gains, and steady progress on our roadmap,' said David Rosenblatt, 1stDibs Chief Executive Officer. 'While the macro environment remains unpredictable, we believe our model and strategy position us well for the road ahead.' Tom Etergino, Chief Financial Officer of 1stDibs said, 'We delivered a solid quarter, gaining market share while diligently managing expenses and making progress against our 2025 plan. We remain focused on executing efficiently.' Other Recent Business Highlights and First Quarter Key Operating Metrics Gross Merchandise Value ("GMV") was $94.7 million, an increase of 3% year-over-year. Number of Orders was approximately 35K, flat year-over-year. Active Buyers was approximately 65K, an increase of 7% year-over-year. Financial Guidance and Outlook The Company's second quarter 2025 guidance is below. Actual results may differ materially from our Financial Guidance and Outlook as a result of, among other things, the factors described under 'Forward-Looking Statements' below. A GAAP reconciliation to our non-GAAP guidance measure (adjusted EBITDA) is not available on a forward-looking basis without unreasonable effort due to the potential variability and uncertainty of expenses that may be incurred in the future. Stock-based compensation expense is impacted by the timing of employee stock transactions, the future fair market value of our common stock, and our future hiring and retention needs, all of which are difficult to predict and subject to change. We have provided a reconciliation of GAAP to non-GAAP financial measures in the financial statement tables for our historical non-GAAP financial results included in this press release. Webcast Information 1stDibs will host a webcast to discuss its first quarter ended 2025 financial results today at 8:00 a.m. Eastern Time. Investors and participants can access the webcast at the 1stDibs Investor Relations website ( A replay of the webcast will be available through the same link following the webcast, for one year thereafter. Disclosure Information In compliance with disclosure obligations under Regulation FD, 1stDibs announces material information to the public through a variety of means, including filings with the Securities and Exchange Commission, press releases, company blog posts, public conference calls and webcasts, as well as the investor relations website. About 1stDibs 1stDibs is a leading online marketplace for connecting design lovers with highly coveted sellers and makers of vintage, antique, and contemporary furniture, home décor, art, jewelry, watches and fashion. Forward-Looking Statements This press release contains or references "forward-looking statements" and "forward-looking information" within the meaning of applicable federal and state securities laws (collectively, "forward-looking statements"). Forward-looking statements include statements relating to our financial guidance for the second quarter of 2025 and underlying assumptions; our ability to improve customer engagement and frequency; our ability to align our resources with strategic growth and profitability; and the impact of our marketing efforts. Any statements in this press release, other than statements of historical fact, including statements regarding our future results of operations and financial position, business strategy and plans, objectives of management for future operations, long term operating expenses, and expectations for capital requirements, may be deemed to be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as: "accelerate," "anticipate," "believe," "can," "contemplate," "continue," "could," "demand," "estimate," "expand," "expect," "focus," "intend," "may," "might," "objective," "ongoing," "opportunity," "outlook," "plan," "potential," "predict," "progress," "project," "should," "target," "will," "would," or the negative of these terms, or other comparable terminology or similar expressions intended to identify statements about the future. These statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding the following: (1) our continued efforts to lay the foundation for future growth; (2) our focus on efficiency and steps to align our expenses to current demand and the impact thereof; (3) our progress towards reaccelerating sustainable growth, reducing our cost, increasing operating leverage, and re-engineering our cost base; (4) the implementation of our stock repurchase program; and (5) our future results of operations and financial position, including our financial guidance and outlook. We cannot guarantee that any forward-looking statement will be accurate. Forward-looking statements are based on current expectations of future events and if these prove to be inaccurate, actual results could vary materially from our expectations and projections. Investors are therefore cautioned not to place undue reliance on any forward-looking statements. These forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to vary materially from those discussed or implied in the forward-looking statements. These risks and uncertainties include but are not limited to the following: (1) our ability to execute our business plan and strategies to achieve our strategic initiatives; (2) our ability to achieve future growth; (3) our ability to enhance GMV growth and shareholder value; (4) our ability to effectively manage costs; (5) our ability to execute our stock repurchase program; (6) our ability to reduce operating costs and realign investment priorities; and (7) macroeconomic conditions or geopolitical events or similar risks, as well as other risks, uncertainties, and other factors discussed in our filings with the Securities and Exchange Commission (the 'SEC'), including our Form 10-K for the year ended December 31, 2024 and other periodic reports and filings we make with the SEC. We qualify all of our forward-looking statements by these cautionary statements. Moreover, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties, and assumptions, we cannot guarantee future results, levels of activity, performance, achievements, or events and circumstances reflected in the forward-looking statements will occur. These forward-looking statements speak only as of the date of this press release and we undertake no obligation to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, or otherwise, except as required by law. Key Operating Metrics Definitions Gross Merchandise Value We define Gross Merchandise Value ("GMV") as the total dollar value from items sold by our sellers through 1stDibs in a given month, minus cancellations within that month, and excluding shipping and U.S. sales taxes. GMV includes all sales reported to us by our sellers, whether transacted through the 1stDibs marketplace or reported as an offline sale. We view GMV as a measure of the total economic activity generated by our online marketplace, and as an indicator of the scale and growth of our online marketplace and the health of our ecosystem. Our historical performance for GMV may not be indicative of future performance in GMV. Number of Orders We define Number of Orders as the total number of orders placed or reported through the 1stDibs marketplace in a given month, minus cancellations within that month. Our historical performance for Number of Orders may not be indicative of future performance in Number of Orders. Active Buyers We define Active Buyers as buyers who have made at least one purchase through our online marketplace during the 12 months ended on the last day of the period presented, net of cancellations. A buyer is identified by a unique email address; thus an Active Buyer could have more than one account if they were to use a separate unique email address to set up each account. We believe this metric reflects scale, engagement and brand awareness, and our ability to convert user activity on our online marketplace into transactions. Our historical performance for Active Buyers may not be indicative of future performance in new Active Buyers. INC. (Amounts in thousands, except share and per share amounts) December 31, 2024 Assets (Unaudited) Current assets: Cash and cash equivalents $ 20,304 $ 25,964 Short-term investments 80,700 77,919 Accounts receivable, net of allowance for doubtful accounts of $35 and $13 at March 31, 2025 and December 31, 2024, respectively 658 490 Prepaid expenses 2,107 2,859 Receivables from payment processors 4,024 2,833 Other current assets 2,071 1,799 Total current assets 109,864 111,864 Restricted cash, non-current 3,670 3,657 Property and equipment, net 3,451 3,564 Operating lease right-of-use assets 18,831 19,728 Goodwill 4,261 4,232 Other assets 2,436 2,713 Total assets $ 142,513 $ 145,758 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 3,353 $ 2,228 Payables due to sellers 9,806 8,605 Accrued expenses 10,197 11,475 Operating lease liabilities, current 4,219 4,186 Other current liabilities 1,779 1,965 Total current liabilities 29,354 28,459 Operating lease liabilities, non-current 16,914 17,970 Other liabilities 4 24 Total liabilities 46,272 46,453 Commitments and contingencies Stockholders' equity: Preferred stock, $0.01 par value; 10,000,000 shares authorized as of March 31, 2025 and December 31, 2024; zero shares issued and outstanding as of March 31, 2025 and December 31, 2024 — — Common stock, $0.01 par value; 400,000,000 shares authorized as of March 31, 2025 and December 31, 2024; 42,605,563 and 42,271,388 shares issued as of March 31, 2025 and December 31, 2024, respectively; and 35,684,049 and 35,827,866 outstanding as of March 31, 2025 and December 31, 2024, respectively 425 422 Treasury stock, at cost; 6,921,514 and 6,443,522 shares as of March 31, 2025 and December 31, 2024, respectively (33,412 ) (31,618 ) Additional paid-in capital 466,677 463,224 Accumulated deficit (337,158 ) (332,352 ) Accumulated other comprehensive loss (291 ) (371 ) Total stockholders' equity 96,241 99,305 Total liabilities and stockholders' equity $ 142,513 $ 145,758 Expand INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Amounts in thousands, except share and per share amounts) (Unaudited) Three Months Ended March 31, 2025 2024 Net revenue $ 22,545 $ 22,062 Cost of revenue 6,223 6,076 Gross profit 16,322 15,986 Operating expenses: Sales and marketing 9,116 9,169 Technology development 5,612 4,745 General and administrative 6,952 7,010 Provision for transaction losses 897 414 Total operating expenses 22,577 21,338 Loss from operations (6,255 ) (5,352 ) Other income, net: Interest income 1,099 1,692 Other, net 354 357 Total other income, net 1,453 2,049 Net loss before income taxes (4,802 ) (3,303 ) Provision for income taxes (4 ) — Net loss $ (4,806 ) $ (3,303 ) Net loss per share—basic and diluted $ (0.14 ) $ (0.08 ) Weighted average common shares outstanding—basic and diluted 35,573,283 39,745,095 Expand INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Amounts in thousands) (Unaudited) Three Months Ended March 31, 2025 2024 Cash flows from operating activities: Net loss $ (4,806 ) $ (3,303 ) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 457 462 Stock-based compensation expense 4,050 3,090 Provision for transaction losses, returns and refunds 35 434 Amortization of operating lease right-of-use assets 867 802 Accretion of discounts and amortization of premiums on short-term investments, net 176 (861 ) Other, net (2 ) 128 Changes in operating assets and liabilities: Accounts receivable (178 ) (56 ) Prepaid expenses and other current assets 550 1,002 Receivables from payment processors (1,191 ) (778 ) Other assets 136 (1,217 ) Accounts payable and accrued expenses (194 ) (2,939 ) Payables due to sellers 1,201 1,464 Operating lease liabilities (1,012 ) (703 ) Other current liabilities and other liabilities (185 ) (586 ) Net cash used in operating activities (96 ) (3,061 ) Cash flows from investing activities: Maturities of short-term investments 20,050 31,577 Sales of short-term investments 988 — Purchases of short-term investments (23,984 ) (29,492 ) Development of internal-use software (272 ) (451 ) Purchases of property and equipment (47 ) (196 ) Net cash (used in) provided by investing activities (3,265 ) 1,438 Cash flows from financing activities: Proceeds from exercise of stock options — 703 Payments for repurchase of common stock (1,794 ) (2,669 ) Payments for taxes related to net share settlement of stock-based compensation awards (618 ) — Net cash used in financing activities (2,412 ) (1,966 ) Effect of exchange rate changes on cash, cash equivalents, and restricted cash 126 (56 ) Net decrease in cash, cash equivalents, and restricted cash (5,647 ) (3,645 ) Cash, cash equivalents, and restricted cash at beginning of the period 29,621 40,975 Cash, cash equivalents, and restricted cash at end of the period $ 23,974 $ 37,330 Expand Non-GAAP Financial Measures Adjusted EBITDA and Adjusted EBITDA Margin In this press release, we provide Adjusted EBITDA, a non-GAAP financial measure that represents our net loss adjusted to exclude: (1) depreciation and amortization; (2) stock-based compensation expense; (3) other income, net; and (4) strategic alternative expenses. We also provide Adjusted EBITDA Margin, a non-GAAP financial measure that presents Adjusted EBITDA divided by net revenue. Below is a reconciliation of net loss, the most directly comparable GAAP financial measure, to Adjusted EBITDA. We have included Adjusted EBITDA and Adjusted EBITDA Margin, which are non-GAAP financial measures, because they are key measures used by our management team to help us to assess our operating performance and the operating leverage in our business. We also use these measures to analyze our financial results, establish budgets and operational goals for managing our business, and make strategic decisions. We believe that Adjusted EBITDA and Adjusted EBITDA Margin help identify underlying trends in our business that could otherwise be masked by the effect of the income and expenses that we exclude from Adjusted EBITDA and Adjusted EBITDA Margin. Accordingly, we believe that these metrics provide useful information to investors and others in understanding and evaluating our results of operations, enhances the overall understanding of our past performance and future prospects, and allows for greater transparency with respect to key financial metrics used by our management in their financial and operational decision-making. We also believe that the presentation of these non-GAAP financial measures provides an additional tool for investors to use in comparing our core business and results of operations over multiple periods with other companies in our industry, many of which present similar non-GAAP financial measures to investors, and to analyze our cash performance. The non-GAAP financial measures presented may not be comparable to similarly titled measures reported by other companies due to differences in the way that these measures are calculated. The non-GAAP financial measures presented should not be considered as the sole measure of our performance and should not be considered in isolation from, or as a substitute for, comparable financial measures calculated in accordance with GAAP. Further, these non-GAAP financial measures have certain limitations in that they do not include the impact of certain expenses that are reflected in our condensed consolidated statements of operations. Accordingly, these non-GAAP financial measures should be considered as supplemental in nature, and are not intended, and should not be construed, as a substitute for the related financial information calculated in accordance with GAAP. These limitations of Adjusted EBITDA and Adjusted EBITDA Margin include the following: The exclusion of certain recurring, non-cash charges, such as depreciation and amortization of property and equipment. While these are non-cash charges, we may need to replace the assets being depreciated in the future and Adjusted EBITDA does not reflect cash requirements for these replacements or new capital expenditure requirements; The exclusion of stock-based compensation expense, which has been a significant recurring expense and will continue to constitute a significant recurring expense for the foreseeable future, as equity awards are expected to continue to be an important component of our compensation strategy; The exclusion of other income, net, which includes interest income related to our cash, cash equivalents and short-term investments and realized and unrealized gains and losses on foreign currency exchange; The exclusion of strategic alternative expenses in connection with capital return strategies, buy- and sell-side mergers, acquisitions and partnerships which include integration costs, sale of a business or subsidiary, business optimization costs related to revisions of operational objectives and priorities which include restructuring charges, in all cases outside the ordinary course. Because of these limitations, you should consider Adjusted EBITDA and Adjusted EBITDA Margin alongside other financial performance measures, including net loss and our other GAAP results. The information in the tables below sets forth the non-GAAP financial measures along with the most directly comparable GAAP financial measures.
Yahoo
20-04-2025
- Business
- Yahoo
Is 1stdibs.com, Inc. (DIBS) the Best Internet Retail Stock to Buy According to Analysts?
We recently published a list of . In this article, we are going to take a look at where Inc. (NASDAQ:DIBS) stands against other best internet retail stocks to buy according to analysts. Trade policies and tariffs have dominated the stock market since the beginning of April, resulting in volatility and uncertainty. However, CNBC reported on April 16 that retail sales rose 1.4% in March, surpassing expectations. CNBC reported earlier on April 15 that the March retail sales report had the potential to impact investor positioning and confidence. According to Dow Jones, economists and experts anticipated a 1.2% month-over-month growth. READ ALSO: and . CNBC reported that the primary catalyst for this growth is a pull-forward of consumer spending to get ahead of increased good prices brought about by tariffs. It also reported that Freedom Capital Markets chief global strategist Jay Woods opined that retail stocks could undergo a short-term bounce if the retail sales report were in line or better than expected. He said: 'Some of these names have gotten way too far ahead of themselves on the downside that bounces are natural. They've gotten beaten down and mean reversion could lead to a nice rally over the coming days.' Callie Cox, chief market strategist of Ritholtz Wealth Management, expressed similar sentiments, saying a strong retail sales report could potentially lead to a rise in consumer discretionary stocks. 'Consumer Discretionary stocks have been hit so hard that they may be more susceptible to a relief rally on the back of a retail sales report that doesn't show the economy is falling apart,' said Cox. With the retail sales report exceeding expectations, these analyst opinions could potentially come true. So let's look at the 11 best internet retail stocks to buy according to analysts. We sifted through stock screeners, financial media reports, and ETFs to compile a list of 30 internet retail stocks and chose the top 11 with the highest analyst upside potential as of April 17, 2025. We also added the number of hedge fund holders for each stock as of Q4 2024. We sourced the hedge fund sentiment data from Insider Monkey's database. The list is ordered in ascending order of analyst upside. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A professional interior designer carefully selecting items from the company's online marketplace. Analyst Upside: 236.13% Number of Hedge Fund Holders: 7 Inc. (NASDAQ:DIBS) operates an online interior design, fashion, and home decorations marketplace. The company facilitates e-commerce sales by providing access to a global community of buyers and sellers. Its offerings include a range of antique, vintage, and contemporary furniture, fashion items, art, watches, jewelry, and more. The company operates under two business units: 1stdibs and Design Manager. Relative to 2023, the company's revenue grew by $3.6 million while adjusted EBITDA rose by $5.3 million due to expense reductions and high incremental flow-through. These trends demonstrate Inc.'s (NASDAQ:DIBS) operating leverage potential. After resetting its expenses in 2022 and 2023, the company's profitability depends upon maintaining operating leverage and sustaining revenue growth. Around 60% of Inc.'s (NASDAQ:DIBS) operating expenses are related to headcount, and the company's plans for 2025 entail keeping headcount flat and unlocking operating leverage at mid-single-digit revenue growth. In a report released on March 3, Mark Mahaney from Evercore ISI maintained a Buy rating on the stock and set a price target of $8.00. Overall, DIBS ranks 1st on our list of the best internet retail stocks to buy for 2025. While we acknowledge the potential for DIBS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than DIBS but trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
18-04-2025
- Business
- Yahoo
Is 1stdibs.com, Inc. (DIBS) the Best Internet Retail Stock to Buy According to Analysts?
We recently published a list of . In this article, we are going to take a look at where Inc. (NASDAQ:DIBS) stands against other best internet retail stocks to buy according to analysts. Trade policies and tariffs have dominated the stock market since the beginning of April, resulting in volatility and uncertainty. However, CNBC reported on April 16 that retail sales rose 1.4% in March, surpassing expectations. CNBC reported earlier on April 15 that the March retail sales report had the potential to impact investor positioning and confidence. According to Dow Jones, economists and experts anticipated a 1.2% month-over-month growth. READ ALSO: and . CNBC reported that the primary catalyst for this growth is a pull-forward of consumer spending to get ahead of increased good prices brought about by tariffs. It also reported that Freedom Capital Markets chief global strategist Jay Woods opined that retail stocks could undergo a short-term bounce if the retail sales report were in line or better than expected. He said: 'Some of these names have gotten way too far ahead of themselves on the downside that bounces are natural. They've gotten beaten down and mean reversion could lead to a nice rally over the coming days.' Callie Cox, chief market strategist of Ritholtz Wealth Management, expressed similar sentiments, saying a strong retail sales report could potentially lead to a rise in consumer discretionary stocks. 'Consumer Discretionary stocks have been hit so hard that they may be more susceptible to a relief rally on the back of a retail sales report that doesn't show the economy is falling apart,' said Cox. With the retail sales report exceeding expectations, these analyst opinions could potentially come true. So let's look at the 11 best internet retail stocks to buy according to analysts. We sifted through stock screeners, financial media reports, and ETFs to compile a list of 30 internet retail stocks and chose the top 11 with the highest analyst upside potential as of April 17, 2025. We also added the number of hedge fund holders for each stock as of Q4 2024. We sourced the hedge fund sentiment data from Insider Monkey's database. The list is ordered in ascending order of analyst upside. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A professional interior designer carefully selecting items from the company's online marketplace. Analyst Upside: 236.13% Number of Hedge Fund Holders: 7 Inc. (NASDAQ:DIBS) operates an online interior design, fashion, and home decorations marketplace. The company facilitates e-commerce sales by providing access to a global community of buyers and sellers. Its offerings include a range of antique, vintage, and contemporary furniture, fashion items, art, watches, jewelry, and more. The company operates under two business units: 1stdibs and Design Manager. Relative to 2023, the company's revenue grew by $3.6 million while adjusted EBITDA rose by $5.3 million due to expense reductions and high incremental flow-through. These trends demonstrate Inc.'s (NASDAQ:DIBS) operating leverage potential. After resetting its expenses in 2022 and 2023, the company's profitability depends upon maintaining operating leverage and sustaining revenue growth. Around 60% of Inc.'s (NASDAQ:DIBS) operating expenses are related to headcount, and the company's plans for 2025 entail keeping headcount flat and unlocking operating leverage at mid-single-digit revenue growth. In a report released on March 3, Mark Mahaney from Evercore ISI maintained a Buy rating on the stock and set a price target of $8.00. Overall, DIBS ranks 1st on our list of the best internet retail stocks to buy for 2025. While we acknowledge the potential for DIBS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than DIBS but trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
28-02-2025
- Business
- Yahoo
1stdibs.com (DIBS) Reports Q4 Loss, Tops Revenue Estimates
(DIBS) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 17.65%. A quarter ago, it was expected that this upscale online retailer would post a loss of $0.13 per share when it actually produced a loss of $0.15, delivering a surprise of -15.38%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. 1stdibs , which belongs to the Zacks Internet - Commerce industry, posted revenues of $22.77 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 5.56%. This compares to year-ago revenues of $20.92 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. 1stdibs shares have added about 6.2% since the beginning of the year versus the S&P 500's decline of -0.3%. While 1stdibs has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for 1stdibs: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.13 on $22.45 million in revenues for the coming quarter and -$0.52 on $89.5 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Commerce is currently in the top 21% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Solo Brands, Inc. (DTC), is yet to report results for the quarter ended December 2024. This company is expected to post quarterly earnings of $0.12 per share in its upcoming report, which represents a year-over-year change of -7.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Solo Brands, Inc.'s revenues are expected to be $161.5 million, down 2.3% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (DIBS) : Free Stock Analysis Report Solo Brands, Inc. (DTC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
