Canada's Shopify forecasts holiday-quarter revenue largely above estimates
04/11/2025 12:04
Nov 4 (Reuters) - Shopify SHOP.TO, SHOP.O projected quarterly revenue largely above market estimates on Tuesday, signaling strong demand at the e-commerce company as retailers gear up for the all-important holiday shopping season. The company expects revenue to rise in the mid-to-high-twenties percentage range in the fourth quarter, compared with analysts' average estimate for a 23.4% increase, according to data compiled by LSEG. (Reporting by Deborah Sophia in Bengaluru; Editing by Devika Syamnath) ((DeborahMary.Sophia@thomsonreuters.com;))
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