×
2 809
Fashion Jobs
URBN
Free People Assistant Visual Manager - Kings Road, London
Permanent · LONDON
JOHN LEWIS
Loss Prevention Partner
Permanent · KINGSTON UPON THAMES
WAITROSE
Security Partner
Permanent · COULSDON
URBN
Anthroplogie Visual Manager - Regent st, London
Permanent · LONDON
360 TALENT LONDON
Recruitment Consultant - Fashion Head Office
Permanent · LONDON
SHISEIDO
Nars Assistant Business Manager - Selfridges Exchange Sqaure (37.5 Hours)
Permanent · Manchester
VIVIENNE WESTWOOD
Legal Counsel
Permanent · LONDON
VIVIENNE WESTWOOD
E-Commerce Studio Operations Manager
Permanent ·
BOOHOO GROUP
Warehouse Operative
Permanent · BURNLEY
JOHN LEWIS
Loss Prevention Partner
Permanent · LEEDS
HEAD OFFICE
Digital Product Manager – Identity & Account
Permanent · BRACKNELL
JOHN LEWIS
Section Manager – Training
Permanent · MILTON KEYNES
ESTEE LAUDER
Clinique - Consultant - Boots, Staines - 11 Hours, 2 Days (Fixed Sunday + Another Day) - Part Time, Permanent
Permanent · Staines-upon-Thames
ESTEE LAUDER
Clinique - Consultant - Jlp Southampton - 35 Hours - 5 Days - Full Time, Permanent
Permanent · Southampton
ESTEE LAUDER
Clinique - Consultant - Marks & Spencer, Camberley - 18 Hours, 3 Days - Part Time, Permanent
Permanent · Camberley
ESTEE LAUDER
Clinique - Consultant - Marks & Spencer, Warrington - 11 Hours/Week - Part Time, Permanent
Permanent · Warrington
ESTEE LAUDER
Estée Lauder - Assistant Business Manager - Harrods, London - 37.5 Hours/Week - Full Time, Permanent
Permanent · Londres
ESTEE LAUDER
Clinique - Consultant - Boots - Aintree - Liverpool - 14 Hours / Week, Part Time, Permanent
Permanent · Liverpool
ESTEE LAUDER
Clinique - Assistant Business Manager - Harrods, London - 37.5 Hours, 5 Days - Full Time, Permanent
Permanent · Londres
ESTEE LAUDER
Clinique - Consultant - Brown Thomas, Limerick- 11 Hours - Part-Time, Permanent
Permanent · Limerick
ESTEE LAUDER
Clinique - Consultant - John Lewis, High Wycombe - 26 Hours / Week - Full Time, Permanent
Permanent · High Wycombe
ESTEE LAUDER
Clinique - Consultant - Boots -Speke - Liverpool - 20 Hours / Week, Part Time, Permanent
Permanent · Liverpool
Ads
By
Reuters API
Published
Nov 4, 2021
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Pinterest forecasts strong sales as ad spending booms

By
Reuters API
Published
Nov 4, 2021

Pinterest Inc forecast fourth-quarter revenue growth in the high-teens percentage range, after online retailers splurging on ads before the holiday season helped the image-sharing company beat quarterly estimates.


Total revenue surged 43% to $633 million, above analysts' average estimate of $630.9 million - Reuters


Shares of the company rose 1.4% after the bell on Thursday, as it saw increased demand from large retail advertisers and growth in its international business during the quarter.

Total revenue surged 43% to $633 million, above analysts' average estimate of $630.9 million, according to IBES data from Refinitiv.

However, monthly active users (MAU) grew just 1% to 444 million, missing Factset estimates of 460 million. Last year, the company had notched a 37% surge as users stuck at home turned to social media to keep themselves entertained.

"We believe the slowdown was due to the pandemic unwind," Chief Financial Officer Todd Morgenfeld said in an interview. Many GenZ users are returning to school, while others who had used the app to explore cooking and home decor projects during lockdowns are now venturing out more, he added.

Still, in a sign that the pandemic-accelerated shift to online shopping may be here to stay, Pinterest's users, called "pinners", using the app's shopping features increased 60% from a year ago.

Net income was $94 million, or 14 cents per share, during the quarter ended Sept. 30, compared with a loss of $94.2 million, or 16 cents per share, a year ago.

Excluding items, it gained 28 cents per share, above estimates of 23 cents per share.

© Thomson Reuters 2022 All rights reserved.

Tags :
Media
Business