Welcome to our dedicated page for 1Stdibs.Com news (Ticker: DIBS), a resource for investors and traders seeking the latest updates and insights on 1Stdibs.Com stock.
1stdibs.com, Inc. (DIBS) is described in its public materials as a leading online marketplace for luxury and extraordinary design. The company connects design lovers with highly coveted sellers and makers of vintage, antique, and contemporary furniture, home décor, art, fine jewelry, watches and fashion. Its news flow reflects both its role in the electronic shopping segment of the retail trade sector and its status as a Nasdaq-listed marketplace business.
On this news page, readers can follow company-issued updates such as quarterly earnings releases, investor conference appearances and corporate announcements. Recent press releases have detailed first, second and third quarter financial results, including net revenue, gross profit, gross margin, GAAP net loss and non-GAAP metrics like Adjusted EBITDA and Adjusted EBITDA Margin. These releases also discuss key operating metrics that management uses to evaluate the marketplace, including Gross Merchandise Value (GMV), Number of Orders and Active Buyers.
1stDibs also regularly announces its participation in investor events, with news items describing presentations at conferences hosted by firms such as Noble Capital Markets and various IDEAS investor conferences. Additional announcements have included corporate developments, such as the appointment of a Chief Marketing Officer and Chief Product Officer to lead product, marketing and customer support functions.
Investors and followers of DIBS can use this news feed to track how management communicates about financial performance, marketplace trends and strategic priorities over time. Earnings dates, webcast details and other disclosure practices are typically outlined in these releases, offering a centralized view of the company’s public communications related to its marketplace for luxury design products.
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1stdibs.com, Inc. (Nasdaq: DIBS) will announce its Q1 2023 financial results on May 10, 2023, via a press release before market open. Interested investors can access this release on the 1stDibs Investor Relations website. Additionally, the company will host an earnings webcast at 8:00 a.m. Eastern Time to discuss the results, which will also be available as a replay for a year after the call.
1stDibs is recognized as a leading online marketplace that connects design enthusiasts with sellers of vintage, antique, and contemporary items, including furniture, jewelry, and art.
1stDibs has unveiled its annual 1stDibs 50, celebrating 50 top global designers recognized for their exceptional taste and creativity. Chosen from over 64,000 firms, this year's list includes 12 newcomers and highlights a significant representation of woman-owned businesses, making up 50% of the honorees. The selection process emphasizes the commitment of 1stDibs to showcase outstanding talent in the design industry. The honorees were recognized at a special event on March 30. View the full list and more details on the 1stDibs website.
1stDibs, a premier online luxury marketplace, marks one year of its auctions platform, revealing key insights into buyer and seller interactions. In Q4 2022, auction sell-through rates were approximately 1.4 times higher than those on the main platform. Since launching in November 2021, monthly auction page views have doubled, expanding beyond traditional categories to include jewelry and design objects. This unique model has attracted a younger demographic, with over 50% of bidders in Q4 2022 being first-time buyers. The platform offers significant discounts, with auctions averaging 65% off original prices, enhancing accessibility and engagement.
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