Farfetch Limited (NYSE: FTCH) ("Farfetch") announced today the commencement of an offering of $300.0 million principal amount of Convertible Senior Notes due 2027 (the "notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Farfetch also intends to grant the initial purchasers of the notes an option to purchase, for settlement within the 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $45.0 million principal amount of notes.

Shares of Farfetch Ltd. fell nearly 4% in the extended session Thursday after the luxury fashion platform reported a narrower-than-expected quarterly loss and sales that beat views. Farfetch said it lost $77.7 million, or 26 cents a share, in the first quarter, compared with a loss of $79.2 million, or 24 cents a share, in the year-ago period. Sales rose 90% to $331 million, the company said. Analysts polled by FactSet had expected a loss of 35 cents on sales of $313 million. The company said it is "well capitalized" to continue on the path to adjusted profits for full-year 2021. Investments it made to build its global platform, such as global logistics and a diversified supply network, have been paying off during the coronavirus pandemic, Farfetch said. That enabled "the continuity of our operations and delivery of our strong first quarter 2020 results," the company said. "But one thing that has become evident over the past weeks, is that the world will not go back to the same 'normal' as we knew it pre-COVID-19. As we consider the structural changes that will likely impact the luxury industry, I am confident that our unique set of capabilities position Farfetch to be even stronger in the future," Chief Executive Jose Neves said in a statement. While the pandemic had no "material impact" on first-quarter performance, uncertainty from the evolving crisis prevents the company from providing guidance, it said. Shares of Farfetch ended the regular trading day up 2.1%.

At this time, I'd like to welcome everyone to the Farfetch First Quarter 2020 Results Conference Call. Joining me today to discuss our results are Jose Neves, our Founder, Co-Chair and Chief Executive Officer; and Elliot Jordan, our Chief Financial Officer. Before we begin, we would like to remind you that our discussions today will include forward-looking statements.

Right now, much of humanity is hunkered down, hiding from the world and that ugly COVID-19 bug. We're staying indoors, in our sweatpants, staring at video screens all day. We're shopping virtually, we're working virtually, and we're going to the doctor virtually.

Farfetch Limited (NYSE: FTCH) ("Farfetch") announced today the pricing of $350.0 million principal amount of 3.75% Convertible Senior Notes due 2027 (the "notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Farfetch also granted the initial purchasers of the notes an option to purchase, for settlement within the 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $50.0 million principal amount of notes. The offering is expected to close on April 30, 2020, subject to customary closing conditions.

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Farfetch Limited...

Investors need to pay close attention to Farfetch (FTCH) stock based on the movements in the options market lately.

Farfetch Limited (NYSE: FTCH), the leading global platform for the luxury fashion industry, announced that the company's first quarter 2020 financial results will be released after the U.S. market close on Thursday, May 14, 2020.

Farfetch Limited (NYSE: FTCH), the leading global technology platform for the luxury fashion industry, announced today that it will host a Capital Markets Day in New York on Thursday, March 12, 2020 from 8:30am to 2:30pm ET.

Farfetch Limited (NYSE: FTCH), the leading global platform for the luxury fashion industry, today provided a business update in light of the evolving COVID-19 global health pandemic, and reported preliminary financial results for the first quarter ended March 31, 2020. Farfetch has also published a letter from Founder, CEO and Co-Chair, José Neves, discussing the performance and broader perspectives on the business. The letter is available on the Company's Investor Relations website at farfetchinvestors.com in the Financial News section.

Shares of Farfetch (NYSE: FTCH), a technology platform for luxury fashion that connects creators and consumers, are down 12% on Friday even though the company topped analysts' estimates during the first quarter. Revenue increased 90% year over year during the first quarter to $331 million, easily beating analysts' estimates of $313 million. Farfetch's adjusted earnings per share checked in with a $0.24 loss, which was clearly better than the loss of $0.35 per share analysts estimated.

Farfetch Limited (NYSE: FTCH), the leading global platform for the luxury fashion industry, today reported its financial results for the first quarter ended March 31, 2020.

Farfetch (FTCH) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

The U.S. death toll from the coronavirus that causes COVID-19 rose above 87,000 on Saturday, as new outbreaks were reported from states where stay-at-home orders are set to expire and in states that never imposed them, raising concerns that the reopening of economies will spur new infections.

Due to increasingly restrictive travel and group event guidelines put in place as a precaution relating to COVID-19, Farfetch Limited (NYSE: FTCH), the leading global platform for the luxury fashion industry, will postpone its Capital Markets Day, which was due to take place on Thursday, March 12, 2020 in New York, NY. The wellbeing of our people, investors, the Farfetch community, and the general public is our top priority. We look forward to continuing our dialogue with the investment community and will announce a new date for the event as soon as practicable.

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

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Farfetch (NYSE: FTCH) and Electronic Arts (NASDAQ: EA) are two such stocks to keep an eye on. Farfetch operates a digital shopping platform that allows luxury brands to connect with consumers. Electronic Arts is one of the world's leading video game makers.

Farfetch Limited (NYSE:FTCH), the leading global platform for the luxury fashion industry, today announced that Elliot Jordan, Chief Financial Officer, will participate in the Cowen and Company 2020 Consumer Platforms for the Next Generation conference on Wednesday, May 27, 2020 at 3:00 p.m. ET.

Luxury fashion platform Farfetch Ltd. said Monday it is offering $300 million in convertible senior notes that mature in 2027 in a private placement. The London-based company said proceeds of the deal will be used for general corporate purposes. The interest rate, conversion rate and repurchase or redemption rights will be determined at the time of pricing. Farfetch shares were down 0.6% in premarket trade but have gained 20% in the year to date, outperforming the S&P 500 , which has fallen 12%.