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Shopify (NYSE: SHOP) stock is surging in Tuesday's trading following the release of the company's third-quarter earnings report. The e-commerce specialist's share price was up 25.6% as of 11 a.m. ET.
Discount store 167,200 ... Neckarsulm Germany: 5 The Home Depot: Home improvement 132,110 9.7%: Atlanta United States: 6 The Kroger Company: Supermarket 131,620 2.0%: Cincinnati United States: 7 Walgreens Boots Alliance: Drug store/Pharmacy 117,705 0.3%: Deerfield United States: 8 Aldi: Discount store 117,047 ... Essen and Mülheim Germany: 9 ...
Shopify is the name of its proprietary e-commerce platform for online stores and retail POS (point-of-sale) systems. The platform offers retailers a suite of services, including payments, marketing, shipping and customer engagement tools. [2] As of 2024, Shopify hosts 5.6 million active stores across more than 175 countries. [3]
These stores have some locations open 24 hours, but most of the stores in each chain have more traditional hours. CVS: Statista reports that CVS has about 10,000 pharmacies in the U.S.
Shopify's growth stalled, and its stock price collapsed throughout 2022. And while the company has begun digging itself out of the hole, it is still down 66% from its all-time high.
On February 27, 2024, Macy's announced that it would be shuttering 150 locations by 2026, roughly 30% of its total store amount, to focus on small-format stores and an expansion of both Bloomingdale's and Bluemercury. 50 locations were initially set to close in 2024 alone, and the iconic flagship location in San Francisco's Union Square was ...
The e-commerce company's past is impressive to be sure, but past performance is no guarantee of future results.
Shopify trades at a market cap of $142 billion and a forward price-to-earnings ratio (P/E) of 86. Amazon's forward P/E is significantly lower at just 41. Amazon's forward P/E is significantly ...