Retail News

Poshmark shares hit on weaker-than-expected sales outlook

CNBC 03/12/2021

Poshmark managed to top sales estimates by analysts in its first quarter as a publicly traded company. The resale platform, however, saw its share price take a hit when it forecast revenue falling between $75.5 million to $77.5 million, below the consensus of $79.2 million among analysts.

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