Why Farfetch Stock Soared 26% on Friday?

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Why Farfetch Stock Soared 26% on Friday?

Motley Fool2022-08-27

What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue...

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Comment（16）

jannn
·2022-08-28
[smile]
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1
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PrincessLow
·2022-08-28
Ok
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1
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T202311701
·2022-08-28
O
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Like
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frusty
·2022-08-28
Ok
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3
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Goupppppppp
·2022-08-28
Noted
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1
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andy1967
·2022-08-27
Wow making a loss and yet share price shoot up 25%. Amazing!!!
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Slash Azagathoth
·2022-08-27
Yes!
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Jazling
·2022-08-27
Wow
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2
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Kelvin_Qiu
·2022-08-27
[Surprised]
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1
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Singman
·2022-08-27
Like
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2
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newminted
·2022-08-27
Ok
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2
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Llim
·2022-08-27
Like
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2
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deal2deal
·2022-08-27
k
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1
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BlueDragon
·2022-08-27
Ok
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5
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Gackky
·2022-08-27
so far fetched
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9
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UTOtrader
·2022-08-27
Lik n follow
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3
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The deal is designed to strengthen Farfetch's position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of Amazon.com.\"At Farfetch our mission is to be THE Global Platform for Luxury,\" Neves said. \"This week we celebrated a major step toward that mission.\"","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9994766119,"gmtCreate":1661699034733,"gmtModify":1676536562655,"author":{"id":"3580090055250591","authorId":"3580090055250591","name":"jannn","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3580090055250591","authorIdStr":"3580090055250591"},"htmlText":"[smile]&nbsp;","listText":"[smile]&nbsp;","text":"[smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994766119","repostId":2262076929,"repostType":4,"repost":{"id":"2262076929","pubTimestamp":1661563964,"share":"https://ttm.financial/m/news/2262076929?lang=&edition=fundamental","pubTime":"2022-08-27 09:32","market":"us","language":"en","title":"Why Farfetch Stock Soared 26% on Friday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2262076929","media":"Motley Fool","summary":"CEO José Neves wants the e-commerce marketplace to become \"the global platform for luxury.\"","content":"<html><head></head><body><h2>What happened</h2><p>Shares of <a href=\"https://laohu8.com/S/FTCH\">Farfetch</a> surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.</p><h2>So what</h2><p>Farfetch&#39;s revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company&#39;s sales jumped 20.7%.</p><p>That topped Wall Street&#39;s forecast. Analysts had projected revenue of $561.1 million.</p><p>&#34;We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,&#34; founder and CEO Neves said in a press release.</p><p>GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch&#39;s platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.</p><p>Farfetch&#39;s digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands&#39; Autumn-Winter 2022 collections proved popular among shoppers.</p><p>Still, Farfetch generated an operating loss of $167.6 million, as the company&#39;s growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.</p><h2>Now what</h2><p>Farfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch&#39;s position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of <b>Amazon.com</b>.</p><p>&#34;At Farfetch our mission is to be THE Global Platform for Luxury,&#34; Neves said. &#34;This week we celebrated a major step toward that mission.&#34;</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Farfetch Stock Soared 26% on Friday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Farfetch Stock Soared 26% on Friday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-27 09:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262076929","content_text":"What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company's sales jumped 20.7%.That topped Wall Street's forecast. Analysts had projected revenue of $561.1 million.\"We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,\" founder and CEO Neves said in a press release.GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch's platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.Farfetch's digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands' Autumn-Winter 2022 collections proved popular among shoppers.Still, Farfetch generated an operating loss of $167.6 million, as the company's growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.Now whatFarfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch's position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of Amazon.com.\"At Farfetch our mission is to be THE Global Platform for Luxury,\" Neves said. \"This week we celebrated a major step toward that mission.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9994408541,"gmtCreate":1661664431186,"gmtModify":1676536558237,"author":{"id":"4117417277253572","authorId":"4117417277253572","name":"PrincessLow","avatar":"https://community-static.tradeup.com/news/d4ea1cf001cc7d10ca250bb14e4a1509","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"4117417277253572","authorIdStr":"4117417277253572"},"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994408541","repostId":2262076929,"repostType":4,"repost":{"id":"2262076929","pubTimestamp":1661563964,"share":"https://ttm.financial/m/news/2262076929?lang=&edition=fundamental","pubTime":"2022-08-27 09:32","market":"us","language":"en","title":"Why Farfetch Stock Soared 26% on Friday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2262076929","media":"Motley Fool","summary":"CEO José Neves wants the e-commerce marketplace to become \"the global platform for luxury.\"","content":"<html><head></head><body><h2>What happened</h2><p>Shares of <a href=\"https://laohu8.com/S/FTCH\">Farfetch</a> surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.</p><h2>So what</h2><p>Farfetch&#39;s revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company&#39;s sales jumped 20.7%.</p><p>That topped Wall Street&#39;s forecast. Analysts had projected revenue of $561.1 million.</p><p>&#34;We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,&#34; founder and CEO Neves said in a press release.</p><p>GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch&#39;s platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.</p><p>Farfetch&#39;s digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands&#39; Autumn-Winter 2022 collections proved popular among shoppers.</p><p>Still, Farfetch generated an operating loss of $167.6 million, as the company&#39;s growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.</p><h2>Now what</h2><p>Farfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch&#39;s position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of <b>Amazon.com</b>.</p><p>&#34;At Farfetch our mission is to be THE Global Platform for Luxury,&#34; Neves said. &#34;This week we celebrated a major step toward that mission.&#34;</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Farfetch Stock Soared 26% on Friday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Farfetch Stock Soared 26% on Friday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-27 09:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262076929","content_text":"What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company's sales jumped 20.7%.That topped Wall Street's forecast. Analysts had projected revenue of $561.1 million.\"We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,\" founder and CEO Neves said in a press release.GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch's platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.Farfetch's digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands' Autumn-Winter 2022 collections proved popular among shoppers.Still, Farfetch generated an operating loss of $167.6 million, as the company's growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.Now whatFarfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch's position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of Amazon.com.\"At Farfetch our mission is to be THE Global Platform for Luxury,\" Neves said. \"This week we celebrated a major step toward that mission.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9994517775,"gmtCreate":1661656863199,"gmtModify":1676536556392,"author":{"id":"4115257325505790","authorId":"4115257325505790","name":"T202311701","avatar":"https://community-static.tradeup.com/news/816311e9879fbae4e952e2a5386f68ca","vip":1,"crmLevel":9,"crmLevelSwitch":0,"idStr":"4115257325505790","authorIdStr":"4115257325505790"},"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994517775","repostId":2262076929,"repostType":4,"repost":{"id":"2262076929","pubTimestamp":1661563964,"share":"https://ttm.financial/m/news/2262076929?lang=&edition=fundamental","pubTime":"2022-08-27 09:32","market":"us","language":"en","title":"Why Farfetch Stock Soared 26% on Friday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2262076929","media":"Motley Fool","summary":"CEO José Neves wants the e-commerce marketplace to become \"the global platform for luxury.\"","content":"<html><head></head><body><h2>What happened</h2><p>Shares of <a href=\"https://laohu8.com/S/FTCH\">Farfetch</a> surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.</p><h2>So what</h2><p>Farfetch&#39;s revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company&#39;s sales jumped 20.7%.</p><p>That topped Wall Street&#39;s forecast. Analysts had projected revenue of $561.1 million.</p><p>&#34;We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,&#34; founder and CEO Neves said in a press release.</p><p>GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch&#39;s platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.</p><p>Farfetch&#39;s digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands&#39; Autumn-Winter 2022 collections proved popular among shoppers.</p><p>Still, Farfetch generated an operating loss of $167.6 million, as the company&#39;s growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.</p><h2>Now what</h2><p>Farfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch&#39;s position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of <b>Amazon.com</b>.</p><p>&#34;At Farfetch our mission is to be THE Global Platform for Luxury,&#34; Neves said. &#34;This week we celebrated a major step toward that mission.&#34;</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Farfetch Stock Soared 26% on Friday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Farfetch Stock Soared 26% on Friday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-27 09:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262076929","content_text":"What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company's sales jumped 20.7%.That topped Wall Street's forecast. Analysts had projected revenue of $561.1 million.\"We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,\" founder and CEO Neves said in a press release.GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch's platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.Farfetch's digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands' Autumn-Winter 2022 collections proved popular among shoppers.Still, Farfetch generated an operating loss of $167.6 million, as the company's growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.Now whatFarfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch's position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of Amazon.com.\"At Farfetch our mission is to be THE Global Platform for Luxury,\" Neves said. \"This week we celebrated a major step toward that mission.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9994260495,"gmtCreate":1661649284319,"gmtModify":1676536553848,"author":{"id":"3555119187338975","authorId":"3555119187338975","name":"frusty","avatar":"https://static.tigerbbs.com/46c85297aaa1b07647be4b2ca33ea8e8","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3555119187338975","authorIdStr":"3555119187338975"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994260495","repostId":2262076929,"repostType":4,"repost":{"id":"2262076929","pubTimestamp":1661563964,"share":"https://ttm.financial/m/news/2262076929?lang=&edition=fundamental","pubTime":"2022-08-27 09:32","market":"us","language":"en","title":"Why Farfetch Stock Soared 26% on Friday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2262076929","media":"Motley Fool","summary":"CEO José Neves wants the e-commerce marketplace to become \"the global platform for luxury.\"","content":"<html><head></head><body><h2>What happened</h2><p>Shares of <a href=\"https://laohu8.com/S/FTCH\">Farfetch</a> surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.</p><h2>So what</h2><p>Farfetch&#39;s revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company&#39;s sales jumped 20.7%.</p><p>That topped Wall Street&#39;s forecast. Analysts had projected revenue of $561.1 million.</p><p>&#34;We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,&#34; founder and CEO Neves said in a press release.</p><p>GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch&#39;s platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.</p><p>Farfetch&#39;s digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands&#39; Autumn-Winter 2022 collections proved popular among shoppers.</p><p>Still, Farfetch generated an operating loss of $167.6 million, as the company&#39;s growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.</p><h2>Now what</h2><p>Farfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch&#39;s position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of <b>Amazon.com</b>.</p><p>&#34;At Farfetch our mission is to be THE Global Platform for Luxury,&#34; Neves said. &#34;This week we celebrated a major step toward that mission.&#34;</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Farfetch Stock Soared 26% on Friday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Farfetch Stock Soared 26% on Friday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-27 09:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262076929","content_text":"What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company's sales jumped 20.7%.That topped Wall Street's forecast. Analysts had projected revenue of $561.1 million.\"We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,\" founder and CEO Neves said in a press release.GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch's platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.Farfetch's digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands' Autumn-Winter 2022 collections proved popular among shoppers.Still, Farfetch generated an operating loss of $167.6 million, as the company's growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.Now whatFarfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch's position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of Amazon.com.\"At Farfetch our mission is to be THE Global Platform for Luxury,\" Neves said. \"This week we celebrated a major step toward that mission.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9994656739,"gmtCreate":1661643393323,"gmtModify":1676536551733,"author":{"id":"3578690837330197","authorId":"3578690837330197","name":"Goupppppppp","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578690837330197","authorIdStr":"3578690837330197"},"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994656739","repostId":2262076929,"repostType":4,"repost":{"id":"2262076929","pubTimestamp":1661563964,"share":"https://ttm.financial/m/news/2262076929?lang=&edition=fundamental","pubTime":"2022-08-27 09:32","market":"us","language":"en","title":"Why Farfetch Stock Soared 26% on Friday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2262076929","media":"Motley Fool","summary":"CEO José Neves wants the e-commerce marketplace to become \"the global platform for luxury.\"","content":"<html><head></head><body><h2>What happened</h2><p>Shares of <a href=\"https://laohu8.com/S/FTCH\">Farfetch</a> surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.</p><h2>So what</h2><p>Farfetch&#39;s revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company&#39;s sales jumped 20.7%.</p><p>That topped Wall Street&#39;s forecast. Analysts had projected revenue of $561.1 million.</p><p>&#34;We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,&#34; founder and CEO Neves said in a press release.</p><p>GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch&#39;s platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.</p><p>Farfetch&#39;s digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands&#39; Autumn-Winter 2022 collections proved popular among shoppers.</p><p>Still, Farfetch generated an operating loss of $167.6 million, as the company&#39;s growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.</p><h2>Now what</h2><p>Farfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch&#39;s position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of <b>Amazon.com</b>.</p><p>&#34;At Farfetch our mission is to be THE Global Platform for Luxury,&#34; Neves said. &#34;This week we celebrated a major step toward that mission.&#34;</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Farfetch Stock Soared 26% on Friday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Farfetch Stock Soared 26% on Friday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-27 09:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262076929","content_text":"What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company's sales jumped 20.7%.That topped Wall Street's forecast. Analysts had projected revenue of $561.1 million.\"We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,\" founder and CEO Neves said in a press release.GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch's platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.Farfetch's digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands' Autumn-Winter 2022 collections proved popular among shoppers.Still, Farfetch generated an operating loss of $167.6 million, as the company's growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.Now whatFarfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch's position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of Amazon.com.\"At Farfetch our mission is to be THE Global Platform for Luxury,\" Neves said. \"This week we celebrated a major step toward that mission.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9994827729,"gmtCreate":1661605077664,"gmtModify":1676536548810,"author":{"id":"3577153253038717","authorId":"3577153253038717","name":"andy1967","avatar":"https://static.tigerbbs.com/4c9eab1ea6730e01c8143915e463cc57","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3577153253038717","authorIdStr":"3577153253038717"},"htmlText":"Wow making a loss and yet share price shoot up 25%. Amazing!!!&nbsp;","listText":"Wow making a loss and yet share price shoot up 25%. Amazing!!!&nbsp;","text":"Wow making a loss and yet share price shoot up 25%. Amazing!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994827729","repostId":2262076929,"repostType":4,"repost":{"id":"2262076929","pubTimestamp":1661563964,"share":"https://ttm.financial/m/news/2262076929?lang=&edition=fundamental","pubTime":"2022-08-27 09:32","market":"us","language":"en","title":"Why Farfetch Stock Soared 26% on Friday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2262076929","media":"Motley Fool","summary":"CEO José Neves wants the e-commerce marketplace to become \"the global platform for luxury.\"","content":"<html><head></head><body><h2>What happened</h2><p>Shares of <a href=\"https://laohu8.com/S/FTCH\">Farfetch</a> surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.</p><h2>So what</h2><p>Farfetch&#39;s revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company&#39;s sales jumped 20.7%.</p><p>That topped Wall Street&#39;s forecast. Analysts had projected revenue of $561.1 million.</p><p>&#34;We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,&#34; founder and CEO Neves said in a press release.</p><p>GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch&#39;s platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.</p><p>Farfetch&#39;s digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands&#39; Autumn-Winter 2022 collections proved popular among shoppers.</p><p>Still, Farfetch generated an operating loss of $167.6 million, as the company&#39;s growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.</p><h2>Now what</h2><p>Farfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch&#39;s position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of <b>Amazon.com</b>.</p><p>&#34;At Farfetch our mission is to be THE Global Platform for Luxury,&#34; Neves said. &#34;This week we celebrated a major step toward that mission.&#34;</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Farfetch Stock Soared 26% on Friday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Farfetch Stock Soared 26% on Friday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-27 09:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262076929","content_text":"What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company's sales jumped 20.7%.That topped Wall Street's forecast. Analysts had projected revenue of $561.1 million.\"We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,\" founder and CEO Neves said in a press release.GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch's platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.Farfetch's digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands' Autumn-Winter 2022 collections proved popular among shoppers.Still, Farfetch generated an operating loss of $167.6 million, as the company's growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.Now whatFarfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch's position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of Amazon.com.\"At Farfetch our mission is to be THE Global Platform for Luxury,\" Neves said. \"This week we celebrated a major step toward that mission.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9994829471,"gmtCreate":1661602308296,"gmtModify":1676536548594,"author":{"id":"3576190234401083","authorId":"3576190234401083","name":"Slash Azagathoth","avatar":"https://static.tigerbbs.com/052c3d63b5fe557a63e699b069dba865","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"3576190234401083","authorIdStr":"3576190234401083"},"htmlText":"Yes!","listText":"Yes!","text":"Yes!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994829471","repostId":2262076929,"repostType":4,"repost":{"id":"2262076929","pubTimestamp":1661563964,"share":"https://ttm.financial/m/news/2262076929?lang=&edition=fundamental","pubTime":"2022-08-27 09:32","market":"us","language":"en","title":"Why Farfetch Stock Soared 26% on Friday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2262076929","media":"Motley Fool","summary":"CEO José Neves wants the e-commerce marketplace to become \"the global platform for luxury.\"","content":"<html><head></head><body><h2>What happened</h2><p>Shares of <a href=\"https://laohu8.com/S/FTCH\">Farfetch</a> surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.</p><h2>So what</h2><p>Farfetch&#39;s revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company&#39;s sales jumped 20.7%.</p><p>That topped Wall Street&#39;s forecast. Analysts had projected revenue of $561.1 million.</p><p>&#34;We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,&#34; founder and CEO Neves said in a press release.</p><p>GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch&#39;s platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.</p><p>Farfetch&#39;s digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands&#39; Autumn-Winter 2022 collections proved popular among shoppers.</p><p>Still, Farfetch generated an operating loss of $167.6 million, as the company&#39;s growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.</p><h2>Now what</h2><p>Farfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch&#39;s position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of <b>Amazon.com</b>.</p><p>&#34;At Farfetch our mission is to be THE Global Platform for Luxury,&#34; Neves said. &#34;This week we celebrated a major step toward that mission.&#34;</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Farfetch Stock Soared 26% on Friday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Farfetch Stock Soared 26% on Friday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-27 09:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262076929","content_text":"What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company's sales jumped 20.7%.That topped Wall Street's forecast. Analysts had projected revenue of $561.1 million.\"We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,\" founder and CEO Neves said in a press release.GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch's platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.Farfetch's digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands' Autumn-Winter 2022 collections proved popular among shoppers.Still, Farfetch generated an operating loss of $167.6 million, as the company's growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.Now whatFarfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch's position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of Amazon.com.\"At Farfetch our mission is to be THE Global Platform for Luxury,\" Neves said. \"This week we celebrated a major step toward that mission.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9994172775,"gmtCreate":1661584863199,"gmtModify":1676536546821,"author":{"id":"3566821013640470","authorId":"3566821013640470","name":"Jazling","avatar":"https://static.tigerbbs.com/85e0a83573d9307f57fca9b2baed72af","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3566821013640470","authorIdStr":"3566821013640470"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994172775","repostId":2262076929,"repostType":4,"repost":{"id":"2262076929","pubTimestamp":1661563964,"share":"https://ttm.financial/m/news/2262076929?lang=&edition=fundamental","pubTime":"2022-08-27 09:32","market":"us","language":"en","title":"Why Farfetch Stock Soared 26% on Friday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2262076929","media":"Motley Fool","summary":"CEO José Neves wants the e-commerce marketplace to become \"the global platform for luxury.\"","content":"<html><head></head><body><h2>What happened</h2><p>Shares of <a href=\"https://laohu8.com/S/FTCH\">Farfetch</a> surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.</p><h2>So what</h2><p>Farfetch&#39;s revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company&#39;s sales jumped 20.7%.</p><p>That topped Wall Street&#39;s forecast. Analysts had projected revenue of $561.1 million.</p><p>&#34;We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,&#34; founder and CEO Neves said in a press release.</p><p>GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch&#39;s platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.</p><p>Farfetch&#39;s digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands&#39; Autumn-Winter 2022 collections proved popular among shoppers.</p><p>Still, Farfetch generated an operating loss of $167.6 million, as the company&#39;s growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.</p><h2>Now what</h2><p>Farfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch&#39;s position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of <b>Amazon.com</b>.</p><p>&#34;At Farfetch our mission is to be THE Global Platform for Luxury,&#34; Neves said. &#34;This week we celebrated a major step toward that mission.&#34;</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Farfetch Stock Soared 26% on Friday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Farfetch Stock Soared 26% on Friday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-27 09:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262076929","content_text":"What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company's sales jumped 20.7%.That topped Wall Street's forecast. Analysts had projected revenue of $561.1 million.\"We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,\" founder and CEO Neves said in a press release.GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch's platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.Farfetch's digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands' Autumn-Winter 2022 collections proved popular among shoppers.Still, Farfetch generated an operating loss of $167.6 million, as the company's growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.Now whatFarfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch's position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of Amazon.com.\"At Farfetch our mission is to be THE Global Platform for Luxury,\" Neves said. \"This week we celebrated a major step toward that mission.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9994126935,"gmtCreate":1661578933731,"gmtModify":1676536545984,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":4,"crmLevelSwitch":1,"idStr":"3581638828642415","authorIdStr":"3581638828642415"},"htmlText":"[Surprised]&nbsp;","listText":"[Surprised]&nbsp;","text":"[Surprised]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994126935","repostId":2262076929,"repostType":2,"repost":{"id":"2262076929","pubTimestamp":1661563964,"share":"https://ttm.financial/m/news/2262076929?lang=&edition=fundamental","pubTime":"2022-08-27 09:32","market":"us","language":"en","title":"Why Farfetch Stock Soared 26% on Friday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2262076929","media":"Motley Fool","summary":"CEO José Neves wants the e-commerce marketplace to become \"the global platform for luxury.\"","content":"<html><head></head><body><h2>What happened</h2><p>Shares of <a href=\"https://laohu8.com/S/FTCH\">Farfetch</a> surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.</p><h2>So what</h2><p>Farfetch&#39;s revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company&#39;s sales jumped 20.7%.</p><p>That topped Wall Street&#39;s forecast. Analysts had projected revenue of $561.1 million.</p><p>&#34;We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,&#34; founder and CEO Neves said in a press release.</p><p>GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch&#39;s platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.</p><p>Farfetch&#39;s digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands&#39; Autumn-Winter 2022 collections proved popular among shoppers.</p><p>Still, Farfetch generated an operating loss of $167.6 million, as the company&#39;s growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.</p><h2>Now what</h2><p>Farfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch&#39;s position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of <b>Amazon.com</b>.</p><p>&#34;At Farfetch our mission is to be THE Global Platform for Luxury,&#34; Neves said. &#34;This week we celebrated a major step toward that mission.&#34;</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Farfetch Stock Soared 26% on Friday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Farfetch Stock Soared 26% on Friday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-27 09:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262076929","content_text":"What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company's sales jumped 20.7%.That topped Wall Street's forecast. Analysts had projected revenue of $561.1 million.\"We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,\" founder and CEO Neves said in a press release.GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch's platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.Farfetch's digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands' Autumn-Winter 2022 collections proved popular among shoppers.Still, Farfetch generated an operating loss of $167.6 million, as the company's growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.Now whatFarfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch's position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of Amazon.com.\"At Farfetch our mission is to be THE Global Platform for Luxury,\" Neves said. \"This week we celebrated a major step toward that mission.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9994100133,"gmtCreate":1661569839924,"gmtModify":1676536544091,"author":{"id":"3575125836760247","authorId":"3575125836760247","name":"Singman","avatar":"https://static.tigerbbs.com/d770feb757705f2d631d2d5f381ae07b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575125836760247","authorIdStr":"3575125836760247"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994100133","repostId":2262076929,"repostType":4,"repost":{"id":"2262076929","pubTimestamp":1661563964,"share":"https://ttm.financial/m/news/2262076929?lang=&edition=fundamental","pubTime":"2022-08-27 09:32","market":"us","language":"en","title":"Why Farfetch Stock Soared 26% on Friday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2262076929","media":"Motley Fool","summary":"CEO José Neves wants the e-commerce marketplace to become \"the global platform for luxury.\"","content":"<html><head></head><body><h2>What happened</h2><p>Shares of <a href=\"https://laohu8.com/S/FTCH\">Farfetch</a> surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.</p><h2>So what</h2><p>Farfetch&#39;s revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company&#39;s sales jumped 20.7%.</p><p>That topped Wall Street&#39;s forecast. Analysts had projected revenue of $561.1 million.</p><p>&#34;We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,&#34; founder and CEO Neves said in a press release.</p><p>GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch&#39;s platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.</p><p>Farfetch&#39;s digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands&#39; Autumn-Winter 2022 collections proved popular among shoppers.</p><p>Still, Farfetch generated an operating loss of $167.6 million, as the company&#39;s growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.</p><h2>Now what</h2><p>Farfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch&#39;s position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of <b>Amazon.com</b>.</p><p>&#34;At Farfetch our mission is to be THE Global Platform for Luxury,&#34; Neves said. &#34;This week we celebrated a major step toward that mission.&#34;</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Farfetch Stock Soared 26% on Friday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Farfetch Stock Soared 26% on Friday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-27 09:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262076929","content_text":"What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company's sales jumped 20.7%.That topped Wall Street's forecast. Analysts had projected revenue of $561.1 million.\"We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,\" founder and CEO Neves said in a press release.GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch's platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.Farfetch's digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands' Autumn-Winter 2022 collections proved popular among shoppers.Still, Farfetch generated an operating loss of $167.6 million, as the company's growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.Now whatFarfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch's position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of Amazon.com.\"At Farfetch our mission is to be THE Global Platform for Luxury,\" Neves said. \"This week we celebrated a major step toward that mission.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9994347481,"gmtCreate":1661568888145,"gmtModify":1676536543812,"author":{"id":"3581990957315863","authorId":"3581990957315863","name":"newminted","avatar":"https://static.tigerbbs.com/f7fb0ce2c2c4a88e9708e5c7eaf6cfbf","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3581990957315863","authorIdStr":"3581990957315863"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994347481","repostId":2262076929,"repostType":4,"repost":{"id":"2262076929","pubTimestamp":1661563964,"share":"https://ttm.financial/m/news/2262076929?lang=&edition=fundamental","pubTime":"2022-08-27 09:32","market":"us","language":"en","title":"Why Farfetch Stock Soared 26% on Friday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2262076929","media":"Motley Fool","summary":"CEO José Neves wants the e-commerce marketplace to become \"the global platform for luxury.\"","content":"<html><head></head><body><h2>What happened</h2><p>Shares of <a href=\"https://laohu8.com/S/FTCH\">Farfetch</a> surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.</p><h2>So what</h2><p>Farfetch&#39;s revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company&#39;s sales jumped 20.7%.</p><p>That topped Wall Street&#39;s forecast. Analysts had projected revenue of $561.1 million.</p><p>&#34;We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,&#34; founder and CEO Neves said in a press release.</p><p>GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch&#39;s platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.</p><p>Farfetch&#39;s digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands&#39; Autumn-Winter 2022 collections proved popular among shoppers.</p><p>Still, Farfetch generated an operating loss of $167.6 million, as the company&#39;s growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.</p><h2>Now what</h2><p>Farfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch&#39;s position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of <b>Amazon.com</b>.</p><p>&#34;At Farfetch our mission is to be THE Global Platform for Luxury,&#34; Neves said. &#34;This week we celebrated a major step toward that mission.&#34;</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Farfetch Stock Soared 26% on Friday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Farfetch Stock Soared 26% on Friday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-27 09:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262076929","content_text":"What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company's sales jumped 20.7%.That topped Wall Street's forecast. Analysts had projected revenue of $561.1 million.\"We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,\" founder and CEO Neves said in a press release.GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch's platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.Farfetch's digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands' Autumn-Winter 2022 collections proved popular among shoppers.Still, Farfetch generated an operating loss of $167.6 million, as the company's growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.Now whatFarfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch's position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of Amazon.com.\"At Farfetch our mission is to be THE Global Platform for Luxury,\" Neves said. \"This week we celebrated a major step toward that mission.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9994347173,"gmtCreate":1661568869494,"gmtModify":1676536543796,"author":{"id":"4105239963331670","authorId":"4105239963331670","name":"Llim","avatar":"https://community-static.tradeup.com/news/ebdd6aa492c9d80d8a2c1a18334bff87","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"4105239963331670","authorIdStr":"4105239963331670"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994347173","repostId":2262076929,"repostType":4,"repost":{"id":"2262076929","pubTimestamp":1661563964,"share":"https://ttm.financial/m/news/2262076929?lang=&edition=fundamental","pubTime":"2022-08-27 09:32","market":"us","language":"en","title":"Why Farfetch Stock Soared 26% on Friday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2262076929","media":"Motley Fool","summary":"CEO José Neves wants the e-commerce marketplace to become \"the global platform for luxury.\"","content":"<html><head></head><body><h2>What happened</h2><p>Shares of <a href=\"https://laohu8.com/S/FTCH\">Farfetch</a> surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.</p><h2>So what</h2><p>Farfetch&#39;s revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company&#39;s sales jumped 20.7%.</p><p>That topped Wall Street&#39;s forecast. Analysts had projected revenue of $561.1 million.</p><p>&#34;We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,&#34; founder and CEO Neves said in a press release.</p><p>GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch&#39;s platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.</p><p>Farfetch&#39;s digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands&#39; Autumn-Winter 2022 collections proved popular among shoppers.</p><p>Still, Farfetch generated an operating loss of $167.6 million, as the company&#39;s growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.</p><h2>Now what</h2><p>Farfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch&#39;s position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of <b>Amazon.com</b>.</p><p>&#34;At Farfetch our mission is to be THE Global Platform for Luxury,&#34; Neves said. &#34;This week we celebrated a major step toward that mission.&#34;</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Farfetch Stock Soared 26% on Friday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Farfetch Stock Soared 26% on Friday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-27 09:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262076929","content_text":"What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company's sales jumped 20.7%.That topped Wall Street's forecast. Analysts had projected revenue of $561.1 million.\"We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,\" founder and CEO Neves said in a press release.GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch's platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.Farfetch's digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands' Autumn-Winter 2022 collections proved popular among shoppers.Still, Farfetch generated an operating loss of $167.6 million, as the company's growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.Now whatFarfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch's position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of Amazon.com.\"At Farfetch our mission is to be THE Global Platform for Luxury,\" Neves said. \"This week we celebrated a major step toward that mission.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9994351871,"gmtCreate":1661567397994,"gmtModify":1676536543240,"author":{"id":"3581585579569862","authorId":"3581585579569862","name":"deal2deal","avatar":"https://community-static.tradeup.com/news/607f6298ac9b66df9d46f0b9ab487f4b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581585579569862","authorIdStr":"3581585579569862"},"htmlText":"k","listText":"k","text":"k","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994351871","repostId":2262076929,"repostType":4,"repost":{"id":"2262076929","pubTimestamp":1661563964,"share":"https://ttm.financial/m/news/2262076929?lang=&edition=fundamental","pubTime":"2022-08-27 09:32","market":"us","language":"en","title":"Why Farfetch Stock Soared 26% on Friday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2262076929","media":"Motley Fool","summary":"CEO José Neves wants the e-commerce marketplace to become \"the global platform for luxury.\"","content":"<html><head></head><body><h2>What happened</h2><p>Shares of <a href=\"https://laohu8.com/S/FTCH\">Farfetch</a> surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.</p><h2>So what</h2><p>Farfetch&#39;s revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company&#39;s sales jumped 20.7%.</p><p>That topped Wall Street&#39;s forecast. Analysts had projected revenue of $561.1 million.</p><p>&#34;We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,&#34; founder and CEO Neves said in a press release.</p><p>GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch&#39;s platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.</p><p>Farfetch&#39;s digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands&#39; Autumn-Winter 2022 collections proved popular among shoppers.</p><p>Still, Farfetch generated an operating loss of $167.6 million, as the company&#39;s growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.</p><h2>Now what</h2><p>Farfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch&#39;s position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of <b>Amazon.com</b>.</p><p>&#34;At Farfetch our mission is to be THE Global Platform for Luxury,&#34; Neves said. &#34;This week we celebrated a major step toward that mission.&#34;</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Farfetch Stock Soared 26% on Friday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Farfetch Stock Soared 26% on Friday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-27 09:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262076929","content_text":"What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company's sales jumped 20.7%.That topped Wall Street's forecast. Analysts had projected revenue of $561.1 million.\"We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,\" founder and CEO Neves said in a press release.GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch's platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.Farfetch's digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands' Autumn-Winter 2022 collections proved popular among shoppers.Still, Farfetch generated an operating loss of $167.6 million, as the company's growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.Now whatFarfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch's position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of Amazon.com.\"At Farfetch our mission is to be THE Global Platform for Luxury,\" Neves said. \"This week we celebrated a major step toward that mission.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9994362651,"gmtCreate":1661565909675,"gmtModify":1676536542705,"author":{"id":"4087932884013320","authorId":"4087932884013320","name":"BlueDragon","avatar":"https://static.tigerbbs.com/431c326e19a16844e147d10866565f27","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"4087932884013320","authorIdStr":"4087932884013320"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994362651","repostId":2262076929,"repostType":4,"repost":{"id":"2262076929","pubTimestamp":1661563964,"share":"https://ttm.financial/m/news/2262076929?lang=&edition=fundamental","pubTime":"2022-08-27 09:32","market":"us","language":"en","title":"Why Farfetch Stock Soared 26% on Friday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2262076929","media":"Motley Fool","summary":"CEO José Neves wants the e-commerce marketplace to become \"the global platform for luxury.\"","content":"<html><head></head><body><h2>What happened</h2><p>Shares of <a href=\"https://laohu8.com/S/FTCH\">Farfetch</a> surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.</p><h2>So what</h2><p>Farfetch&#39;s revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company&#39;s sales jumped 20.7%.</p><p>That topped Wall Street&#39;s forecast. Analysts had projected revenue of $561.1 million.</p><p>&#34;We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,&#34; founder and CEO Neves said in a press release.</p><p>GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch&#39;s platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.</p><p>Farfetch&#39;s digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands&#39; Autumn-Winter 2022 collections proved popular among shoppers.</p><p>Still, Farfetch generated an operating loss of $167.6 million, as the company&#39;s growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.</p><h2>Now what</h2><p>Farfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch&#39;s position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of <b>Amazon.com</b>.</p><p>&#34;At Farfetch our mission is to be THE Global Platform for Luxury,&#34; Neves said. &#34;This week we celebrated a major step toward that mission.&#34;</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Farfetch Stock Soared 26% on Friday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Farfetch Stock Soared 26% on Friday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-27 09:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262076929","content_text":"What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company's sales jumped 20.7%.That topped Wall Street's forecast. Analysts had projected revenue of $561.1 million.\"We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,\" founder and CEO Neves said in a press release.GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch's platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.Farfetch's digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands' Autumn-Winter 2022 collections proved popular among shoppers.Still, Farfetch generated an operating loss of $167.6 million, as the company's growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.Now whatFarfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch's position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of Amazon.com.\"At Farfetch our mission is to be THE Global Platform for Luxury,\" Neves said. \"This week we celebrated a major step toward that mission.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9994368882,"gmtCreate":1661565740148,"gmtModify":1676536542649,"author":{"id":"3574326723774097","authorId":"3574326723774097","name":"Gackky","avatar":"https://static.tigerbbs.com/5898b44bf5a31bf2b9d4e37227ed8177","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574326723774097","authorIdStr":"3574326723774097"},"htmlText":"so far fetched","listText":"so far fetched","text":"so far fetched","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994368882","repostId":2262076929,"repostType":4,"repost":{"id":"2262076929","pubTimestamp":1661563964,"share":"https://ttm.financial/m/news/2262076929?lang=&edition=fundamental","pubTime":"2022-08-27 09:32","market":"us","language":"en","title":"Why Farfetch Stock Soared 26% on Friday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2262076929","media":"Motley Fool","summary":"CEO José Neves wants the e-commerce marketplace to become \"the global platform for luxury.\"","content":"<html><head></head><body><h2>What happened</h2><p>Shares of <a href=\"https://laohu8.com/S/FTCH\">Farfetch</a> surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.</p><h2>So what</h2><p>Farfetch&#39;s revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company&#39;s sales jumped 20.7%.</p><p>That topped Wall Street&#39;s forecast. Analysts had projected revenue of $561.1 million.</p><p>&#34;We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,&#34; founder and CEO Neves said in a press release.</p><p>GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch&#39;s platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.</p><p>Farfetch&#39;s digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands&#39; Autumn-Winter 2022 collections proved popular among shoppers.</p><p>Still, Farfetch generated an operating loss of $167.6 million, as the company&#39;s growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.</p><h2>Now what</h2><p>Farfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch&#39;s position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of <b>Amazon.com</b>.</p><p>&#34;At Farfetch our mission is to be THE Global Platform for Luxury,&#34; Neves said. &#34;This week we celebrated a major step toward that mission.&#34;</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Farfetch Stock Soared 26% on Friday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Farfetch Stock Soared 26% on Friday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-27 09:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262076929","content_text":"What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company's sales jumped 20.7%.That topped Wall Street's forecast. Analysts had projected revenue of $561.1 million.\"We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,\" founder and CEO Neves said in a press release.GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch's platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.Farfetch's digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands' Autumn-Winter 2022 collections proved popular among shoppers.Still, Farfetch generated an operating loss of $167.6 million, as the company's growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.Now whatFarfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch's position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of Amazon.com.\"At Farfetch our mission is to be THE Global Platform for Luxury,\" Neves said. \"This week we celebrated a major step toward that mission.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9994317164,"gmtCreate":1661564677460,"gmtModify":1676536542246,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"htmlText":"Lik n follow&nbsp;","listText":"Lik n follow&nbsp;","text":"Lik n follow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994317164","repostId":2262076929,"repostType":4,"repost":{"id":"2262076929","pubTimestamp":1661563964,"share":"https://ttm.financial/m/news/2262076929?lang=&edition=fundamental","pubTime":"2022-08-27 09:32","market":"us","language":"en","title":"Why Farfetch Stock Soared 26% on Friday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2262076929","media":"Motley Fool","summary":"CEO José Neves wants the e-commerce marketplace to become \"the global platform for luxury.\"","content":"<html><head></head><body><h2>What happened</h2><p>Shares of <a href=\"https://laohu8.com/S/FTCH\">Farfetch</a> surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.</p><h2>So what</h2><p>Farfetch&#39;s revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company&#39;s sales jumped 20.7%.</p><p>That topped Wall Street&#39;s forecast. Analysts had projected revenue of $561.1 million.</p><p>&#34;We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,&#34; founder and CEO Neves said in a press release.</p><p>GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch&#39;s platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.</p><p>Farfetch&#39;s digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands&#39; Autumn-Winter 2022 collections proved popular among shoppers.</p><p>Still, Farfetch generated an operating loss of $167.6 million, as the company&#39;s growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.</p><h2>Now what</h2><p>Farfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch&#39;s position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of <b>Amazon.com</b>.</p><p>&#34;At Farfetch our mission is to be THE Global Platform for Luxury,&#34; Neves said. &#34;This week we celebrated a major step toward that mission.&#34;</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Farfetch Stock Soared 26% on Friday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Farfetch Stock Soared 26% on Friday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-27 09:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/26/why-farfetch-stock-soared-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262076929","content_text":"What happenedShares of Farfetch surged 26% on Friday after the luxury fashion platform reported second-quarter financial results that were better than many investors expected.So whatFarfetch's revenue rose 10.7% year over year to $579.3 million. Excluding the negative impact of foreign exchange fluctuations, the e-commerce company's sales jumped 20.7%.That topped Wall Street's forecast. Analysts had projected revenue of $561.1 million.\"We are navigating a volatile macro environment adeptly, continuing to post growth compounding on what has been a tremendous 3-year run for Farfetch, a period that saw our business double as measured by our GMV,\" founder and CEO Neves said in a press release.GMV, or gross merchandise volume, is the total dollar value of sales facilitated by Farfetch's platform. Its GMV inched up 1.3% in the second quarter -- and 7.6% at constant currency rates -- to $1 billion.Farfetch's digital platform GMV growth was dented by the suspension of operations in Russia and coronavirus-related closures in China. Yet its brand platform GMV climbed 47.3%, as New Guards brands' Autumn-Winter 2022 collections proved popular among shoppers.Still, Farfetch generated an operating loss of $167.6 million, as the company's growth investments weighed on its profitability. However, its adjusted loss per share of $0.21 was better than the $0.30 per-share loss analysts expected.Now whatFarfetch wants to be the leading e-commerce destination for luxury fashion. On Wednesday, it announced its plans to purchase a 47.5% stake in rival online fashion retailer Yoox Net-a-Porter. The deal is designed to strengthen Farfetch's position within the high-end retail market and boost its ability to fend off intensifying competition from the likes of Amazon.com.\"At Farfetch our mission is to be THE Global Platform for Luxury,\" Neves said. \"This week we celebrated a major step toward that mission.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":267,"commentSize":16,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}