EBay Forecasts Strong Q2 Revenue on Luxury Sales Growth
EBay expects second-quarter revenue up to $3.03 billion, beating estimates. A focus on luxury and refurbished goods is attracting more enthusiast buyers.
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EBAY INC expects second-quarter revenue between $2.97 billion and $3.03 billion, exceeding the $2.97 billion LSEG analyst average. The forecast reflects a pivot toward high-value categories like luxury watches and sneakers over low-value inventory. This strategy targets enthusiast buyers to maintain growth despite a challenging economic environment for broader e-commerce.
