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1stdibs.com(DIBS) - 2024 Q1 - Earnings Call Transcript
2024-05-11 20:03
财务数据和关键指标变化 - 第一季度GMV为91.7百万美元,同比下降6%,但环比增长6% [20] - 收入为22.1百万美元,同比下降1% [27] - 毛利为16百万美元,同比增长7%,毛利率为72%,同比提升约5个百分点 [28] - 调整后EBITDA亏损为1.8百万美元,去年同期亏损5.2百万美元,亏损率从24%改善至8% [33] 各条业务线数据和关键指标变化 - 珠宝、艺术和古董家具业务订单量同比增长 [24] - 消费者GMV和贸易GMV下降幅度相似 [23] - 消费者订单量首次自2021年第三季度以来实现同比增长 [24] 各个市场数据和关键指标变化 - 欧洲货运覆盖范围扩大15% [13] - 高端家居装饰品需求疲软,但已见底 [20] - 平均订单价值下降5%,中位订单价值则持平 [22] 公司战略和发展方向及行业竞争 - 公司重点关注提升转化率、提供有竞争力的库存、定价和可扩展性 [12] - 通过优化结账流程、扩大欧洲货运覆盖、简化支付选项等措施提升买家体验 [13][14] - 调整卖家准入和收费政策,聚焦高活跃度卖家 [17][18] - 预计2024年将继续保持精简的成本结构,同时重点恢复增长 [12][43] 管理层对经营环境和未来前景的评论 - 宏观环境有所改善,但高端家居装饰品市场仍处于温和复苏阶段 [48] - 公司转化率连续7个季度同比改善,过去2个季度实现正增长,对此前景乐观 [6][9][49] - 预计第二季度订单量和收入将恢复增长,转化率继续提升 [16][39] 问答环节重要的提问和回答 问题1 **Nick Jones 提问** 公司如何加快GMV增长,同时等待房地产市场复苏? [46] **David Rosenblatt 回答** 公司正在持续优化转化率,过去7个季度转化率同比改善,最近2个季度实现正增长。同时宏观环境也在逐步好转,但高端家居装饰品市场复苏仍较为温和。公司相信自身的产品路线图可以持续推动GMV增长。[48][49] 问题2 **Nick Jones 提问** 公司是否可以更积极地控制成本,加快实现盈利? [47] **Thomas Etergino 回答** 公司过去2年已经大幅精简成本结构,未来将继续保持谨慎的成本管理,同时关注提高运营效率和可扩展性,以期在不大幅增加成本的情况下实现更高的GMV和收入增长。公司目前没有进一步大幅调整成本的计划,但会根据需求情况做出相应调整。[50][51][52]
Are You Looking for a Top Momentum Pick? Why 1stdibs.com (DIBS) is a Great Choice
Zacks Investment Research· 2024-05-11 01:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
1stdibs.com(DIBS) - 2024 Q1 - Quarterly Report
2024-05-09 20:41
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to __________ Commission file number 333-256188 1STDIBS.COM, INC. (Exact name of registrant as specified in its charter) Delaware 94-3389618 (State ...
1stdibs.com (DIBS) Reports Q1 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-05-08 21:16
1stdibs.com (DIBS) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.11%. A quarter ago, it was expected that this upscale online retailer would post a loss of $0.10 per share when it actually produced a loss of $0.07, delivering a surprise of 30%.Over the last four quarters, the company has ...
1stdibs.com(DIBS) - 2024 Q1 - Quarterly Results
2024-05-08 19:06
Exhibit 99.1 1stDibs Reports First Quarter 2024 Financial Results New York, NY — May 8, 2024 — 1stdibs.com, 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, 2024. First Quarter 2024 Financial Highlights • Net revenue was $22.1 million, a decrease of 1% year-over-year. • Gross profit was $16.0 million, an increase of 7% year-over-year. • Gross margin was 72.5%, compared to 67.1% in ...
1stDibs to Announce First Quarter 2024 Financial Results on May 8, 2024
Newsfilter· 2024-04-18 04:10
NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- 1stdibs.com, Inc. (NASDAQ:DIBS), a leading marketplace for extraordinary design, plans to release its first quarter 2024 financial results on Wednesday, May 8, 2024 in a press release before the market opens. The press release can be accessed at the 1stDibs Investor Relations website (investors.1stdibs.com). 1stDibs will also host an earnings webcast to discuss those results at 8:00 a.m. Eastern Time on the same day, which will be accessible via the company's Inv ...
1stDibs to Announce First Quarter 2024 Financial Results on May 8, 2024
GlobeNewsWire· 2024-04-18 04:10
NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- 1stdibs.com, Inc. (Nasdaq: DIBS), a leading marketplace for extraordinary design, plans to release its first quarter 2024 financial results on Wednesday, May 8, 2024 in a press release before the market opens. The press release can be accessed at the 1stDibs Investor Relations website (investors.1stdibs.com). 1stDibs will also host an earnings webcast to discuss those results at 8:00 a.m. Eastern Time on the same day, which will be accessible via the company's In ...
4 Solid Stocks to Buy as E-Commerce Boosts Retail Sales
Zacks Investment Research· 2024-04-17 22:36
The retail sector is roaring back to normal, driven by robust online sales. The Commerce Department said on Apr 15 that retail sales totaled $709.6 billion, growing 0.7% month over month in March, which easily surpassed the consensus estimate of a rise of 0.3%.Year over year, retail sales grew 4% in March. Total retail sales for January through March climbed 2.1% from the year-ago levels. Excluding auto, retail sales rose 1.1%, also beating estimates of a rise of 0.5%.The report also pointed out that e-comm ...
1stDibs Announces the 1stDibs 50 for 2024
Newsfilter· 2024-04-09 21:00
NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- 1stDibs, the leading marketplace for extraordinary design, has announced this year's 1stDibs 50. This esteemed annual list, now in its seventh iteration, honors 50 of today's most visionary designers, whose impeccable taste, unrivaled creativity and expert curation of furniture and objects elevate interiors into works of art. The 2024 1stDibs 50 features a diverse group of talent, with woman-owned businesses accounting for more than half of this year's honorees, ...
Are Retail-Wholesale Stocks Lagging 1stdibs.com (DIBS) This Year?
Zacks Investment Research· 2024-04-05 22:46
For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. 1stdibs.com (DIBS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.1stdibs.com is one of 215 individual stocks in the Retail-Wh ...