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Online Retail Stocks: Mixed Q3 Results

Published 2 days, 1 hour ago
Description

Online retail stocks closed Q3 with mixed results, despite topping analyst estimates by 2%. Revolve shone with a 10.4% sales increase, but shares fell 13.5%. Coupang struggled, missing estimates by 3.8%, while Chewy and Amazon slightly beat forecasts. Wayfair saw a 6.9% growth but fewer active buyers. Despite revenue gains, investors remain cautious due to slower growth projections.

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