The most recent ecommerce earnings outcomes are out from retailers in Digital Commerce 360’s High 1000 Database. Amazon, ranked No. 1 within the database, noticed internet gross sales rise 11% to $158.9 billion in its third quarter ended Sept. 30, boosted by its Amazon Shops enterprise. In the meantime, Apple’s income for the quarter ended Sept. 28 reached a file $94.9 billion. That’s up 6% from the year-ago quarter, pushed by a 6% enhance in iPhone gross sales. Learn extra ecommerce earnings protection right here.
Parentheses point out the service provider’s rating within the High 1000, except in any other case said. The database ranks North America’s largest ecommerce retailers by their annual net gross sales.
This week’s ecommerce earnings takeaways
- Amazon.com, Inc.’s internet gross sales elevated 11% 12 months over 12 months to $158.9 billion.
- Apple reported its highest-ever income for the September-ended quarter, reaching $94.9 billion and merchandise income up 4% 12 months over 12 months.
- Crocs, Inc. income grew 2% 12 months over 12 months in its most up-to-date quarter, whereas its Hey Dude income fell 17.4%.
1-800-Flowers.com, Inc. (No. 50)
Q1 2025: 1-800-Flowers.com, Inc. noticed a 10% decrease in whole consolidated revenues for its fiscal 2025 first quarter ended Sept. 29, falling to $242.1 million from $269.1 million in the identical interval final 12 months.
Inside the section, ecommerce revenues fell 8.6% to $193.2 million. That was down from $209.9 million in Q3 2023. The corporate cited a 6.5% lower in orders and a 1.5% drop in Common Order Worth (AOV). In the end, 1-800-Flowers.com reported a internet lack of $34.2 million, in comparison with a internet lack of $31.2 million within the earlier 12 months.
“Our first quarter efficiency usually got here according to our expectations, as we started to see a slight enchancment in our ecommerce income developments throughout the quarter, our gross revenue margin continued to develop, and we diminished bills on account of our Work Smarter initiatives to function extra effectively,” CEO Jim McCann stated within the earnings statement.
McCann stated the corporate expects constructive developments in ecommerce earnings and income to speed up as the vacation season approaches. It additionally expects extra income positive factors from elevated wholesale orders this 12 months.
Alphabet, Inc. (No. 77)
Q3 2024: Alphabet, Inc., Google’s mother or father firm, reported a 15% year-over-year increase in consolidated revenues for the third quarter ended Sept. 30. The revenues reached $88.3 billion, up from $76.7 billion in Q3 2023. Web earnings rose 34% to $26.3 billion, in comparison with $19.7 billion in the identical interval final 12 months.
For the quarter, Google Companies revenues rose 13% to $76.5 billion. Drivers included strong efficiency in Google Search, subscriptions, platforms, units and YouTube adverts.
Google Cloud revenues climbed 35% to $11.4 billion. The positive factors had been fueled by demand for AI infrastructure, generative AI options and core cloud computing merchandise.
Within the earnings report, CEO Sundar Pichai identified that new AI options in Search are broadening person capabilities and experiences. He additionally stated AI-driven options in its cloud are boosting product adoption and attracting new purchasers and bigger contracts. Furthermore, he famous that YouTube’s mixed advert and subscription revenues exceeded $50 billion during the last 4 quarters for the primary time.
“The momentum throughout the corporate is extraordinary,” Pichai stated. “Our dedication to innovation, in addition to our long-term focus and funding in AI, are paying off with shoppers and companions benefiting from our AI instruments.”
Amazon.com, Inc. (No. 1)
Q3 2024: Amazon.com, Inc. reported an 11% increase in net sales, reaching $158.9 billion for its fiscal third quarter ended Sept. 30. That’s up from $143.1 billion in Q3 2023. Working earnings grew 12 months over 12 months to $17.4 billion from $11.2 billion. In the meantime, internet earnings elevated to $15.3 billion, in comparison with $9.9 billion in Q3 2023.
Throughout the Q3 earnings call, CEO Andy Jassy stated Amazon’s Shops enterprise noticed a 9% year-over-year gross sales enhance in North America. Gross sales had been additionally up 12% internationally.
“At a time when shoppers are being cautious about how a lot they spend, we’re persevering with to decrease costs and ship much more rapidly, and we are able to see this resonating with prospects as our unit progress continues to be sturdy and outpace even our income progress,” Jassy stated.
On the know-how entrance, Amazon launched AI-driven options to assist enhance each buyer and vendor experiences. This included the growth of Rufus, its generative AI purchasing assistant, to worldwide markets comparable to Canada and the U.Okay. The corporate additionally launched AI Purchasing Guides to simplify product analysis by merging class insights with its catalog. For sellers, it unveiled Mission Amelia, providing tailor-made enterprise insights to spice up productiveness.
Forward of the vacation season, Amazon plans to rent 250,000 U.S. workers. CEO Andy Jassy highlighted main upcoming initiatives. These included “tens of tens of millions of offers,” an NFL Black Friday sport, and greater than 100 new cloud and AI options.
Apple, Inc. (No. 3)
This autumn 2024: Apple reported earnings for its fiscal 2024 fourth quarter ended Sept. 28, with income hitting $94.9 billion — a 6% enhance 12 months over 12 months and a file for the September quarter.
Merchandise income was $70 billion, up 4% 12 months over 12 months. That was pushed by progress in iPhone, iPad and Mac gross sales, chief monetary officer Luca Maestri stated throughout the earnings name.
Apple’s iPhone income hit a September-quarter file of $46.2 billion. That was up 6% 12 months over 12 months, with progress throughout all areas. Companies income reached an all-time excessive of $25 billion. The overall marked a 12% enhance 12 months over 12 months. Apple credited sturdy efficiency worldwide and double-digit progress throughout most service classes.
The quarter included Apple’s newest product launches, together with the iPhone 16 lineup, Apple Watch Sequence 10 and AirPods 4. Apple additionally launched new options centered on listening to well being and sleep apnea detection, CEO Tim Cook dinner stated in a company information launch. Final week, the corporate launched its first Apple Intelligence options. These options prioritize privateness in AI and strengthen Apple’s product lineup forward of the vacation season, Cook dinner added.
Wanting forward, Apple expects December-quarter income progress within the low to mid-single digits 12 months over 12 months. It additionally anticipates continued double-digit progress in companies income at an analogous tempo to fiscal 2024.
Crocs, Inc. (No. 97)
Q3 2024: Crocs, Inc. reported consolidated income of $1.06 billion for the third quarter, a modest 2% enhance from $1.05 billion a 12 months in the past, pushed by progress in direct-to-consumer (DTC) gross sales. DTC income rose 4.4% for the quarter ended Sept. 30.
The Crocs model alone noticed income climb 7.4% to $858 million, with balanced channel progress. Particularly, Crocs’ DTC income grew 7.7% to $463 million, whereas wholesale income rose 7.1% to $396 million.
Its Hey Dude Footwear model confronted challenges, nevertheless, with income declining 17.4% to $204 million. DTC gross sales for Hey Dude fell 9.3% to $91 million, and wholesale income fell 22.9% to $113 million.
“Now we have sharpened our technique round Hey Dude as we work to create increased model relevance by way of our product and advertising and marketing initiatives,” CEO Andrew Rees stated within the earnings assertion. “Whereas we’re seeing early inexperienced shoots from these actions, Hey Dude’s current efficiency and the present working atmosphere are signaling it is going to take longer than we had initially deliberate for the model to show a nook.”
Wanting forward, Crocs revised its full-year outlook. It expects whole enterprise income progress of about 3%, down from the earlier 3% to five% forecasts. The Crocs model’s income progress estimate is narrowed to eight%. In the meantime, Hey Dude’s is projected to say no 14.5% — deeper than earlier estimates of 8% to 9% — reflecting lower-than-expected sellouts in each wholesale and digital channels.
Etsy, Inc. (No. 20 in International On-line Marketplaces Database)
Q3 2024: For Etsy’s fiscal third quarter ended Sept. 30, 2024, {the marketplace}’s gross merchandise gross sales (GMS) — the whole worth of things offered on its platforms — fell 4.1% to $2.92 billion. That’s down from $3.04 billion in the identical interval a 12 months earlier. This marks the fourth consecutive quarterly decline in Etsy GMS.
On a extra constructive word, Etsy’s income rose 4.1% 12 months over 12 months to $662.4 million. That’s up from $636.3 million in Q3 2023.
Learn extra on Etsy’s earnings right here.
Microsoft, Corp. (No. 83)
Q1 2025: Microsoft Corp.’s income climbed 16% to $65.59 billion, up from $56.52 billion a 12 months in the past, in its fiscal first quarter ended Sept. 30.
Working earnings rose 14% to $30.55 billion, in comparison with $26.90 billion a 12 months in the past. Web earnings additionally grew 11% to $24.67 billion, up from $22.29 billion throughout the identical interval within the earlier 12 months.
Microsoft Cloud income reached $38.9 billion, up 22% 12 months over 12 months. The Productiveness and Enterprise Processes section — together with Microsoft 365 industrial and shopper merchandise and LinkedIn — noticed income rise 12% to $28.3 billion. Its Clever Cloud division posted $24.1 billion in income, a 20% enhance. Elsewhere, server merchandise and cloud companies grew 23%, fueled by a 33% enhance in Azure and different cloud companies.
“AI-driven transformation is altering work, work artifacts, and workflow throughout each function, operate, and enterprise course of,” CEO Satya Nadella said within the earnings launch. “We’re increasing our alternative and successful new prospects as we assist them apply our AI platforms and instruments to drive new progress and working leverage.”
Income within the Extra Private Computing section hit $13.2 billion. That was up 17%, bolstered by a 61% bounce in Xbox content material and companies. That progress was pushed by Microsoft’s October 2023 acquisition of Activision Blizzard.
Waiting for Q2, Microsoft chief monetary officer Amy Hood stated buyer demand for the corporate’s differentiated options is predicted to drive strong progress.
“We’re the market chief with regards to knowledge-based copilots and brokers within the enterprise house, and we’re centered on persevering with to achieve share throughout our productiveness options,” she stated throughout the earnings name.
Microsoft expects income in Productiveness and Enterprise Processes to extend by 10% to 11%. That will put it at $28.7 billion to $29 billion, with M365 industrial cloud income projected to develop round 14%.
Peloton Interactive, Inc. (No. 48)
Q1 2025: Peloton reported income of $586.0 million for the three months ended Sept. 30. That was down 2% from $595.5 million within the year-ago quarter. Income included $159.6 million from Linked Health Merchandise. That was down 11.6% 12 months over 12 months. Subscription Income reached $426.3 million, up 2.7% 12 months over 12 months.
The corporate has been rebranding this 12 months, evolving from solely an in-home bike supplier to a full health answer. The shift comes because it upgrades merchandise and content material to deal with a post-pandemic drop in Linked Health and app subscriptions.
Final month, Peloton named Peter Stern, a Ford government and co-founder of Apple Health+, as its new CEO and president, efficient Jan. 1, 2025, to steer the corporate into its subsequent progress section. Stern would be the third CEO in Peloton’s historical past, succeeding interim co-CEOs Chris Bruzzo and Karen Boone. Whereas Bruzzo has departed, Boone will stay till Stern takes over in January.
For its fiscal first quarter, Peloton reported whole working bills, together with restructuring prices, had been diminished by 30.3% from the 12 months previous to $291.2 million. Its internet loss was narrowed considerably to $900,000, down from $159.3 million within the year-ago quarter.
“Our Q1 FY25 outcomes mirror continued progress towards Peloton’s overarching monetary aim of creating our enterprise sustainable and worthwhile for the long run,” the corporate said in its Q1 FY2025 shareholder letter. It added that it’s reaching price financial savings targets sooner than anticipated.
Peloton ended the quarter with 6.2 million members, down 3% 12 months over 12 months. The overall included 2.9 million Paid Linked Health subscribers and 582,000 Paid App subscribers, down 2% and 25%, respectively. The corporate stated it’s closing retail shops and testing a smaller retailer idea. It is usually increasing third-party retail, with the Peloton Bike+ now accessible at 300 Costco places and Costco’s web site for a restricted time.
Wanting forward, Peloton stated it plans to align its price construction for $200 million in run-rate financial savings by fiscal year-end. It additionally expects to enhance unit economics and strategically spend money on product innovation and advertising and marketing.
VF Company (No. 41)
Q2 2025: VF Company reported Q2 fiscal 2024 income of $2.8 billion, down 6% 12 months over 12 months however exhibiting enchancment over the earlier quarter’s 10% decline. Direct-to-consumer (DTC) income for the quarter ended Sept. 28 was $914.9 million. That’s an 8% drop from $997.5 million in the identical interval final 12 months.
The corporate’s greatest model, The North Face, recorded a 3% income lower to $1.09 billion. That in comparison with $1.13 billion within the year-ago quarter. Throughout the quarter, The North Face launched its first world model marketing campaign in over three years, producing a robust response on digital media, CEO Bracken Darrell stated throughout the earnings name.
Vans, its second-largest model, noticed an 11% decline in income to $667.4 million. Nevertheless, this was an enchancment from the earlier quarter’s 21% year-over-year drop.
Darrell famous that the quarter met expectations and confirmed sequential and broad-based year-over-year enhancements. Within the earnings report, he cited progress with the corporate’s “Reinvent” priorities, with VF on monitor to realize its $300 million financial savings goal by the tip of fiscal 12 months 2025.
“Our Americas regional platform is totally operational and exhibiting promising indicators, whereas the efficiency at Vans is bettering,” Darrell stated. “In abstract, we superior our turnaround plan in the direction of a return to progress and robust, sustainable worth creation at VF.”
Different current ecommerce earnings outcomes
Alibaba Group Holding Restricted
Q1 2025: Alibaba reported a 4% income enhance 12 months over 12 months to $33.5 billion in its fiscal first quarter ended June 30, 2024. Throughout the identical interval, internet earnings dropped 27% to $3.31 billion.
Alibaba owns the world’s two largest on-line marketplaces by gross merchandise worth (GMV), Taobao and Tmall. Taobao ranks No. 1 within the International On-line Marketplaces Database, Digital Commerce 360’s rating of the biggest such marketplaces by third-party GMV. Tmall ranks No. 2. Each function in China.
Learn extra on Alibaba’s ecommerce earnings right here.
Carter’s, Inc. (No. 81)
Q3 2024: Carter’s, Inc. reported that internet gross sales fell 4.2% 12 months over 12 months to $758.5 million in its fiscal third quarter ended Sept. 30. The corporate, whose manufacturers embrace OshKosh B’gosh, Skip Hop and Little Planet, reaffirmed its end-of-year outlook however cited inflation and better rates of interest as placing stress on its prospects’ budgets.
In its earnings name for the quarter, Sean McHugh, treasurer at Carter’s, stated that Carter’s was seeing 38% of its digital orders being supported by its bodily shops, greater than the 35% it recorded final 12 months. As well as, he cited “a 12% elevate in omni-channel gross sales within the third quarter.”
“Once we open shops, we see a elevate in ecommerce gross sales and once we shut shops, we see ecommerce gross sales within the associated market lower,” McHugh famous. “More and more, shoppers benefit from the comfort of purchasing on-line and selecting up their buy the identical day in our shops.”
Deckers Manufacturers (No. 51)
Q2 2025: Deckers Manufacturers stated internet gross sales had been up 20.1% 12 months over 12 months to $1.3 billion throughout its fiscal second quarter ended Sept. 30. The footwear retailer noticed direct-to-consumer (DTC) internet gross sales enhance 19.9% to $397.7 million, whereas DTC comparable internet gross sales rose 17.0% throughout the identical interval. In the meantime, wholesale internet gross sales rose 20.2% 12 months over 12 months to $913.7 million.
“Hoka and Ugg produced excellent second quarter outcomes pushed by sturdy shopper demand for our modern and distinctive merchandise,” stated Stefano Caroti, president and chief government officer at Deckers Manufacturers, in a press launch. “As I step into the CEO function, I’m dedicated to constructing on our confirmed basis to help progress, guided by our consumer-first mindset, brand-led philosophy, innovation-forward merchandise, and globally pushed focus.”
The Dwelling Depot Inc. (No. 4)
Q2 2024: Dwelling Depot stated its whole gross sales grew 0.6% 12 months over 12 months to $43.2 billion in its second quarter of 2024 ended June 28. In the meantime, on-line gross sales had been up 4% in contrast with the identical quarter a 12 months in the past.
Learn extra on Dwelling Depot’s ecommerce earnings right here.
Keurig Dr Pepper Inc. (No. 102)
Q2 2024: Keurig Dr Pepper Inc. noticed internet gross sales develop 3.5% 12 months over 12 months to $3.9 billion in its fiscal second quarter ended Sept. 30. The corporate’s internet gross sales in its espresso class decreased 2.1% to $1.0 billion, although shipments of its Okay-Cup Pods had been up 0.2%.
“Our consumer-centric innovation mannequin is resonating in market, our portfolio growth to increased progress classes is ongoing, and we’re actively enhancing an already strong route-to-market — all underpinned by an unrelenting deal with price effectivity and capital self-discipline,” stated Tim Cofer, CEO at Keurig Dr Pepper, in its earnings announcement. “Now midway by way of 2024, we’re on monitor to realize our unchanged full 12 months outlook, whereas additionally seeding initiatives to gas constant progress over a number of years.”
Newell Manufacturers (No. 273)
Q3 2024: Newell Manufacturers reported a 4.9% decline in internet gross sales 12 months over 12 months to $1.9 billion throughout its fiscal third quarter ended Sept. 30. Gross sales did enhance 3.3% 12 months over 12 months within the firm’s Studying & Improvement section. Nevertheless, different segments had been down because it continues to implement a turnaround technique.
“That is the fifth full quarter since we deployed our new company technique, and based mostly on our reported outcomes, it’s clear that [the company’s] enterprise transformation is properly underway,” stated Chris Peterson, president and CEO of Newell Manufacturers, in its earnings announcement. “Throughout the third quarter, year-over-year gross sales efficiency improved sequentially, we drove continued gross and working margin enchancment, whereas purposefully growing our stage of A&P funding, and we meaningfully de-levered the stability sheet by way of each debt discount and EBITDA progress.”
The corporate, which owns Sharpie and Mr. Espresso, elevated its outlook for working money movement in its full 2024 fiscal 12 months to a spread of $500 million to $600 million, up from a beforehand said vary of $450 million to $550 million. Mark Erceg, chief monetary officer at Newell Manufacturers, credited the improved outlook to outcomes seen throughout the quarter.
“Given sturdy third quarter outcomes, we’re growing our 2024 normalized working margin, normalized earnings per share and working money movement outlook for the second time this 12 months,” stated Erceg said.
Skechers U.S.A., Inc. (No. 273)
Q3 2024: Skechers U.S.A., Inc. reported a 15.9% year-over-year rise in internet gross sales to $2.4 billion in its fiscal third quarter that ended Sept. 30.
“Sturdy shopper demand for Skechers throughout all distribution channels resulted in a brand new quarterly gross sales file of $2.35 billion,” stated David Weinberg, CEO of Skechers, in a launched assertion. “Regardless of difficult market situations in sure nations, we achieved 21% Wholesale progress, 10% Direct-to-Client progress, in addition to 16% internationally and 15% domestically.”
Throughout the shoe model’s earnings name, Weinberg credited on-line gross sales with the corporate’s home success.
“Home direct-to-consumer gross sales improved 3.7% on high of final 12 months’s 14% enhance primarily as a result of sturdy ecommerce progress as extra shoppers gravitated to purchasing on-line,” he famous.
Goal Corp. (No. 5)
Q2 2024: Goal reported that whole gross sales elevated 2.6% 12 months over 12 months to succeed in $25 billion in its second fiscal quarter of 2024 ended Aug. 3. Digital gross sales alone grew 8.7% throughout the identical interval.
Learn extra on Goal’s ecommerce earnings outcomes right here.
Tractor Provide Firm (No. 93)
Q3 2024: Tractor Provide Firm recorded a 1.6% internet gross sales enhance 12 months over 12 months to $3.5 billion in its fiscal third quarter ended Sept. 38. The corporate additionally introduced a deal to accumulate Allivet, a vendor of prescription and over-the-counter pet medicines.
Learn extra on Tractor Provide’s ecommerce earnings right here.
Walmart Inc. (No. 2)
Q2 2025: Walmart recorded a 4.8% enhance in consolidated income 12 months over 12 months. It introduced in $169.34 billion for its fiscal second quarter of 2025 ended July 31.
Learn extra on Walmart’s ecommerce earnings right here.
Ecommerce earnings calendar
Right here’s when different ecommerce earnings are scheduled to report this quarter:
- e.l.f. Magnificence: Nov. 5
- Bark, Inc.: Nov. 6
- CVS Well being: Nov. 6
- Workplace Depot: Nov. 6
- Goodfood Market Corp.: Nov. 12
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