_shopify-stock-plummets-19-as-slower-sales-growth-forecasted-for-q2shopify-drops-19.jpg "Shopify Stock Plummets 19% as Slower Sales Growth Forecasted for Q2Shopify Drops 19% from gamesir x1 price in india Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:37
👁 View: 1.2M times
✓ Published: 10-May-2024
👁 View: 1.2M times
✓ Published: 10-May-2024
Description:
Shopify's stock price fell 19% after the company forecast slower sales growth for the second-quarter, down from previous quarters. Adjusting for the sale of its logistics business. Shopify indicated that the sale of its logistics business to Flexport would impact its future financial projections. Chief Financial Officer Jeff Hoffmeister noted that a strong U.S. dollar and weaker consumer spending in Europe, particularly in the United Kingdom, are also expected to affect the company's forward guidance. Shopify reported first-quarter revenue growth of 29%, the fourth quarter in a row exceeding 25% growth.
Shopify's stock price fell 19% after the company forecast slower sales growth for the second-quarter, down from previous quarters. Adjusting for the sale of its logistics business. Shopify indicated that the sale of its logistics business to Flexport would impact its future financial projections. Chief Financial Officer Jeff Hoffmeister noted that a strong U.S. dollar and weaker consumer spending in Europe, particularly in the United Kingdom, are also expected to affect the company's forward guidance. Shopify reported first-quarter revenue growth of 29%, the fourth quarter in a row exceeding 25% growth.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_fuel-subsidy-restructuring-must-not-burden-the-people-says-dr-wee.webp "Plans to restructure the fuel subsidy by next month must be approached with caution to avoid burdening the public with price hikes, says MCA president Datuk Seri Dr Wee Ka Siong.<br/><br/>Speaking on the radio talk show \")
_gamesir-x1-basic-setup-part-1.webp "KaKOSA TV")
_setup-gamesir-x1-keyboard-mouse-support-for-android.webp "MRP")
_tutorial-124-how-to-upgrade-the-gamesir-x1-via-fps-dock-on-android.webp "GameSir")
_gamesir-x1-battledock-you-deserve-the-victory.webp "GameSir")
_92.webp "A man struggling to get on the property ladder landed spent just £15k on his first home - by building it in his parents' garage. <br/><br/>Josh Jones, 21, convinced his mum and dad to let him convert the garage attached to their four bed family home in Tunbridge Wells into a one-bed apartment.<br/><br/>Having saved up £4000, Josh decided to spend the cash transforming the space into his own home rather than putting down as a house deposit. <br/><br/>He started the build in January 2023 and took eight months to complete the work - with tips he picked up on YouTube. <br/><br/>Josh did all the work himself- completely stripping the garage roof, levelling out the floor, adding drainage, building a kitchen, installing a bathroom and a bedroom.<br/><br/>He spent £14,700 on materials, moved into his new abode in May 2024 with his girlfriend and say his parents are \")
_2023-bmw-x1-review.webp "Park Plus")
_fuel-subsidy-restructuring-must-not-burden-the-people-says-dr-wee.jpg)
_gamesir-x1-basic-setup-part-1.jpg)
_setup-gamesir-x1-keyboard-mouse-support-for-android.jpg)
_tutorial-124-how-to-upgrade-the-gamesir-x1-via-fps-dock-on-android.jpg)
_gamesir-x1-battledock-you-deserve-the-victory.jpg)
_92.jpg)
_2023-bmw-x1-review.jpg)
![[+]](/images/menu.gif){kind=small}