2022-11-17 16:08:17 FTCH Farfetch
11/17/22 11/1716:08 11/17/2216:08 | Farfetch reports Q3 adjusted EPS (24c), consensus (28c)Reports Q3 revenue $593.4M, consensus $596.56M. Jose Neves, Farfetch Founder, Chairman and CEO, said: "Luxury is an incredible industry that has proven to be resilient, and Farfetch's global platform for luxury is on pace to broadly double its size over three years, despite navigating an unprecedented series of global events. Through it all, our focus has remained on our mission to be the global platform for luxury while also taking the opportunity to fundamentally re-structure our organization and streamline our cost base. As a result, Farfetch is further positioned to seize the significant announced milestones and future opportunities ahead, and emerge from this period as an even stronger business set to deliver profitability and free cash flow." |
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