Farfetch Announces Fourth Quarter and Full Year 2020 Results
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Farfetch Limited (FTCH) Tops Q4 EPS by 26c
February 25, 2021 4:41 PM ESTFarfetch Limited (NYSE: FTCH) reported Q4 EPS of ($0.08), $0.26 better than the analyst estimate of ($0.34). Revenue for the quarter came in at $540 million versus the consensus estimate of $518.06 million. Strong Q4 2020 Gross Merchandise Value and Digital Platform GMV growth - up 43% and 49% year-over-year, respectively, to record highs of $1.1 billion and $939 million, respectivey.
José Neves, Farfetch Founder, Chairman and CEO said: 2020 put the Farfetch platform to the test, but thanks to our robust capabilities, resilient operations and utmost perseverance from our more than 5,000 Farfetchers, we rose to the... More
