Key Metrics Investors Will Be Watching When Shopify Reports Earnings This Week
When governments worldwide began issuing shelter-in-place orders at the onset of the pandemic, some businesses realized they urgently needed to develop an online presence. They had no other choice if they wanted to continue making sales. Shopify (NYSE: SHOP) benefited significantly from being there to help businesses transition their operations online.
For Shopify investors, the good news is that many enterprises that developed an online presence during the start of the coronavirus pandemic will continue to maintain that presence even after the pandemic has run its course. And one of the long-lasting remnants of the coronavirus era might be the rapid adoption of the various forms of buying online and picking up curbside or in-store.
Shopify reports third-quarter results on Thursday, Oct. 29. Here are three critical metrics investors will be watching.
Source Fool.com
