Wednesday, September 27, 2023
HometechnologyWas eBay’s 'cautious outlook' for the holidays justified?

Was eBay’s ‘cautious outlook’ for the holidays justified?

When eBay reported its third-quarter earnings in October, CFO Bob Swan's warning of "a cautious outlook for the holiday season" sent shares tumbling. Reports of industry-wide decelerating growth in e-commerce coupled with a shorter shopping season and unease around the government shutdown were all reasons for concern, he said.

Later today we'll find out whether that stance was justified, when eBay releases its fourth-quarter earnings report.

Read the whole story at Re/code here.

By Jason Del Rey,

CNBC's parent NBC Universal is an investor in re/code's parent Revere Digital, and the companies have a content-sharing arrangement.


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