Farfetch Announces Fourth Quarter and Full Year 2019 Results
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Farfetch Limited (FTCH) Tops Q4 EPS by 17c
February 27, 2020 4:35 PM ESTFarfetch Limited (NYSE: FTCH) reported Q4 EPS of ($0.08), $0.17 better than the analyst estimate of ($0.25). Revenue for the quarter came in at $382.23 million versus the consensus estimate of $340.5 million.
José Neves, Farfetch Founder, CEO and Co-Chair said: 2019 was a landmark year for Farfetch as we grew our digital platform almost twice as fast as the online luxury industry, and significantly improved our adjusted EBITDA margins as we marched towards profitability. With more than two million active customers and record GMV, Farfetch is firmly established as the largest global online destination for in-season luxury.... More
