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) operates a premier online marketplace for luxury vintage and contemporary design. This news hub provides investors and design professionals with essential updates on corporate developments, strategic partnerships, and market positioning in the high-end goods sector.
Access timely press releases and curated financial news covering earnings reports, leadership announcements, and operational milestones. Our repository ensures stakeholders stay informed about DIBS' evolving role in connecting collectors with rare furniture, fine jewelry, and exclusive art pieces through its authenticated platform.
Key updates include quarterly financial performance, designer collaborations, technological enhancements to the marketplace, and industry recognition. Bookmark this page for direct access to primary source materials that illuminate 1Stdibs' unique position at the intersection of luxury e-commerce and curated design experiences.
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.
1stDibs, a premier luxury marketplace, marks its first anniversary of auctions with notable achievements. In Q4 2022, the company enhanced its sell-through rate by 1.4 times. The platform has doubled monthly page views since its November 2021 launch, indicating robust engagement. 1stDibs distinguishes itself by offering a mid-market auction model, appealing to younger, cost-conscious clientele with items priced well below traditional auction norms. Over 50% of bidders in Q4 2022 were new customers, highlighting successful outreach. The auctions facilitate a seamless selling experience, making high-quality goods accessible and revitalizing traditional auction dynamics.
1stdibs.com, Inc. (NASDAQ: DIBS) reported its Q4 and full-year 2022 financial results, showing a 15% decline in net revenue to $23.0 million year-over-year. Gross profit decreased 3% to $16.2 million with a gross margin of 70.5%. The GAAP net loss narrowed to $6.9 million from $8.1 million a year prior. Full-year net revenue fell 6% to $96.8 million, and the net loss was $22.5 million compared to $21.0 million in 2021. The company's cash and equivalents totaled $153.2 million at year-end. The first quarter 2023 guidance projects net revenue between $21.4 million and $22.5 million.
1stdibs.com, Inc. (DIBS), a premier marketplace for unique design, will announce its fourth quarter and full year 2022 financial results on March 1, 2023, before market opening. The results will be available on the 1stDibs Investor Relations website. An earnings webcast is scheduled for the same day at 8:00 a.m. ET to discuss the financial outcomes, with a replay accessible for one year post-event. 1stDibs specializes in connecting design enthusiasts with sellers of vintage, antique, and contemporary items including furniture, décor, art, and fashion.
1stdibs.com, a prominent online marketplace for design, announced that CEO David Rosenblatt and CFO Tom Etergino will present at the Raymond James Technology Investors Conference on December 6, 2022, at 9:45 a.m. ET. A live webcast and replay will be accessible via the company’s Investor Relations website. 1stdibs connects design enthusiasts with sellers of vintage, antique, and contemporary items, enhancing the art of design shopping.
