VTEX

VTEX provides software-as-a-service digital commerce platform for enterprise brands and retailers. Its platform enables its customers to execute its commerce strategy, including building online stores, integrating and managing orders across channels, and creating marketplaces to sell products from third- party vendors. The company was founded by Geraldo do Carmo Thomaz Junior and Mariano Gomide de Faria in 2000 and is headquartered in London, the United Kingdom.

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VTEX surpasses $4 billion in GMV, faces Shopify competition

VTEX's Q4 2022 performance reflects robust growth, strong customer relationships, and strategic expansion efforts. The company faces competition from platforms like Shopify but maintains a resilient SMB business. Opportunities exist in optimizing operations, expanding globally, and enhancing customer experiences.

VTEX reports robust Q1 earnings, eyes international expansion opportunities

VTEX's Q1 2023 earnings call reflects strong financial performance, strategic partnerships, and a focus on customer success and sustainability.
While facing challenges in a competitive landscape and macroeconomic uncertainties, VTEX is well-positioned to leverage growth opportunities through international expansion and ecosystem monetization.
Investors can be optimistic about VTEX's continued revenue growth, operational improvements, and commitment to innovation and customer-centric strategies.

VTEX reports robust Q2 results, eyes global expansion opportunities

VTEX's Q2 performance reflects financial strength and operational efficiency, with a focus on customer trust and delivering exceptional experiences.
While facing market uncertainties and competition, the company's growth prospects are supported by a loyal customer base and strategic partnerships.
Opportunities for global expansion and digital market capture position VTEX for sustained growth and leadership in the e-commerce industry.

VTEX exceeds Q3 revenue targets, navigates supply chain challenges

VTEX delivered robust Q3 results, surpassing revenue expectations and achieving key milestones ahead of schedule. While facing challenges like supply chain disruptions and margin pressures, the company remains focused on customer relationships and global expansion. Strategic partnerships and new customer acquisitions position VTEX for continued growth in the digital commerce space.

VTEX reports robust Q4 growth, eyes Latin America expansion

VTEX's Q4 performance reflects strong financial growth, operational efficiency, and strategic advancements, positioning the company for continued success.
While facing market challenges and uncertainties, VTEX's focus on customer growth, margin improvement, and global expansion underscores its resilience and adaptability.
With a clear dedication to innovation, customer support, and global expansion, VTEX is poised to capitalize on growth opportunities in key markets and drive sustainable value creation.

VTEX reports robust Q1 growth, eyes sustainable expansion amidst challenges

VTEX delivered strong Q1 2024 results with notable revenue and GMV growth, global customer acquisitions, and industry accolades, positioning the company for continued success.
While facing challenges in profitability and market dynamics, VTEX's commitment to innovation and operational efficiency presents opportunities for sustained growth and expansion.
Overall, VTEX's performance highlights its resilience, strategic focus on customer success, and readiness to navigate the evolving retail landscape with agility and innovation.

VTEX reports robust Q2 results, raises guidance amid market challenges

VTEX's Q2 performance reflects strong growth, profitability, and strategic initiatives driving revenue and gross profit.
The company's strengths lie in customer engagement, information security, and successful partnerships with global brands.
While facing challenges in macroeconomic conditions and market uncertainties, VTEX is well-positioned to capitalize on growth opportunities.

VTEX reports robust Q3 earnings, eyes growth amid challenges

VTEX's Q3 2024 performance reflects strong financial metrics, growth potential, and strategic acquisitions positioning the company for continued success.
While challenges like margin sustainability and competition exist, VTEX's focus on innovation, customer experience, and market expansion presents opportunities for growth.
Analysts' inquiries into key areas indicate a keen interest in VTEX's regional performance, margin sustainability, and competitive landscape, highlighting areas for strategic focus.
Overall, VTEX's Q3 2024 earnings call underscores a positive trajectory with a solid foundation for future growth and market leadership.

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Report findings show that 98% of VTEX customers would be willing to recommend VTEX, the composable and complete commerce platform, to others NEW YORK , Feb. 7, 2024 /PRNewswire/ -- VTEX  (NYSE: VTEX), the composable and complete commerce platform for premier B2C and B2B brands, has been recognized as the only vendor in the 2024 Gartner® Voice of the Customer for Digital Commerce to be named in the Customers Choice Quadrant. The recognized vendors meet or exceed the market average Overall Experience and User Interest and Adoption.

VTEX Recognized as Sole Vendor Named as a Customers' Choice in the 2024 Gartner® Voice of the Customer for Digital Commerce

Oshkosh

VTEX is also acknowledged as a 'Major Player' in IDC MarketScape: Worldwide Enterprise B2B Digital Commerce Applications 2023–2024 Vendor Assessment. NEW YORK, Jan. 12, 2024 /PRNewswire/ -- VTEX , the composable and complete commerce platform for both B2C and B2B brands, has been named a Leader in the new IDC MarketScape: Worldwide B2B Digital Commerce Applications for MidMarket Growth 2023–2024 Vendor Assessment.

VTEX recognized as a Leader by IDC MarketScape for Global B2B Digital Commerce Applications for Midmarket Growth - Paving a Pivotal Moment for B2B brands to seize the Biggest Commerce Opportunity of 2024

VTEX's Developer Portal empowers a global community through a comprehensive suite of resources, innovative design, and user-centric features NEW YORK , Dec. 12, 2023 /PRNewswire/ -- VTEX ( NYSE: VTEX), the composable and complete commerce platform for premier brands and retailers, proudly announces its win in the Best Interface Developer Portal category at the DevPortal Awards 2023. This award acknowledges VTEX's commitment to revolutionizing the developer experience with its pragmatic approach to composability and underscores its dedication to empowering the global developer community.

VTEX Is Awarded Best Interface Developer Portal at DevPortal Awards 2023

Iconic publishing and media brand will use VTEX Commerce Cloud to make its heavily trafficked publications shoppable and transform its business model  NEW YORK , Nov. 28, 2023 /PRNewswire/ -- VTEX , the composable and complete commerce platform, announced it has been selected by Hearst, the leading global, diversified media, information, and services company. This partnership will enable Hearst to transform the buying experience of its consumer media businesses, which collectively reach 165 million unique users each month, according to Comscore.

VTEX selected to power Hearst's ecommerce businesses

NEW YORK--(BUSINESS WIRE)--VTEX (NYSE: VTEX), the global enterprise digital commerce platform for premier brands and retailers, announced today a global strong performance during the start of the holiday shopping season, with the kickoff of Black Friday*. GMV reached US$353.8 million, representing an increase of 41% in USD over the same period in 2022 and 31% on an FX-neutral basis, and a 29% increase in orders year-over-year. This Black Friday*, VTEX witnessed a significant GMV increase in ver.

VTEX Customers Reached New Heights: Black Friday Edition

The five new members bring significant retail and digital commerce experience from brands like Amazon, Overstock.com, and Louis Vuitton NEW YORK , Nov. 20, 2023 VTEX (NYSE: VTEX), the global enterprise digital commerce platform, expands its Strategic Advisory Board with five retail industry leaders. These key additions are pivotal in bolstering the company's presence and growth strategy in North America.

VTEX Strengthens North American Team With Addition of Five Retail Industry Leaders to its Strategic Advisory Board

The event will highlight insights from global retail leaders, debrief takeaways from NRF 2024, and feature a keynote from Magic Johnson NEW YORK , Nov. 16, 2023 /PRNewswire/ -- VTEX (NYSE: VTEX), the global enterprise digital commerce platform, sponsored by AWS, Paypal, VML, Pivotree, and other leaders in the digital commerce industry, present VTEX Connect Live | NYC, the first U.S.-based event of its kind. The event features content and networking sessions designed to inspire commerce leaders and transform their approach to digital commerce in the new year.

VTEX Connect Live | NYC 2024: A Premier Event Where Commerce Leaders Connect

VTEX (NYSE:VTEX ) Q3 2023 Earnings Conference Call November 7, 2023 4:30 PM ET Company Participants Julia Vater Fernandez - IR, Director Geraldo Thomaz - Founder, Co-CEO Mariano Gomide de Faria - Founder, Co-CEO Ricardo Camatta Sodre - CFO Andre Spolidoro - Chief Statutory Officer Conference Call Participants Marcelo Santos - JP Morgan Maddie Schrage - KeyBank Capital Markets Leonardo Olmos - UBS Franco Granda - DA Davidson Julia Vater Fernandez Hello, everyone, and welcome to the VTEX Earnings Conference Call for the Quarter Ended September 30, 2023. I am Julia Vater Fernandez, Investor Relations Director for VTEX.

VTEX (VTEX) Q3 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--VTEX (NYSE: VTEX) the global enterprise digital commerce platform for premier brands and retailers, today announced results for the third quarter of 2023 ended September 30, 2023. VTEX results have been prepared in accordance with International Accounting Standard 34, “Interim Financial Reporting”. Geraldo Thomaz Jr., founder and co-CEO of VTEX, commented, “VTEX had another solid quarter. Our GMV and revenue accelerated to a notable pace under uncertain macro conditio.

VTEX Reports Third Quarter 2023 Financial Results

VTEX (VTEX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

VTEX (VTEX) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

NEW YORK--(BUSINESS WIRE)--VTEX (NYSE: VTEX), the global enterprise digital commerce platform for premier brands and retailers, will release the financial results for its third fiscal quarter ended September 30th, 2023, via conference call and audio webcast, on November 7th, 2023, at 4:30 pm Eastern Time. The conference call may be accessed by dialing +1-888-660-6011 (Conference ID – 1918046 –) and requesting inclusion in the call for VTEX. The live conference call can be accessed via audio web.

VTEX to Announce Third Quarter 2023 Financial Results on November 7th, 2023

A commissioned study conducted on behalf of VTEX also found that customers achieved 133% ROI over three years NEW YORK , Oct. 11, 2023 /PRNewswire/ --  VTEX  (NYSE: VTEX), the global enterprise digital commerce platform, today announced it delivered USD 5.8M cost savings to merchants that migrated from legacy systems, among other results presented in the September 2023 Total Economic Impact™ (TEI), a commissioned study conducted by Forrester Consulting on behalf of VTEX. Organizations that deployed the VTEX platform benefited from its enhanced security, scalability, and ability to support multiple business models.

Total Economic Impact Study: VTEX Delivered USD 5.8M Cost Savings to Enterprise Merchants That Migrated From Legacy Commerce Platforms

VTEX (VTEX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Strength Seen in VTEX (VTEX): Can Its 6.9% Jump Turn into More Strength?

More than nine thousand people tuned in live to watch the New York Fashion Week show and buy pieces from the Brazilian brand's Summer 2024 collection directly from the catwalk Brands can increase order volume up to 125% with VTEX Live Shopping App  NEW YORK , Sept. 20, 2023 /PRNewswire/ -- PatBO , a women's fashion brand founded by the designer Patrícia Bonaldi, saw a 300% increase in its ecommerce revenue* on Saturday, September 9, following a Live Shopping session in partnership with VTEX , the global enterprise digital commerce platform.

VTEX's Live Shopping App Drives 300% Revenue Increase for Fashion Brand PatBO

VTEX reported Q2 2023 financial results, beating revenue but missing earnings estimates. The company provides a digital ecommerce system for businesses seeking to operate in Latin America. With strong revenue growth, reduced operating losses, and international expansion, my outlook on VTEX stock is a Buy at around $5.60.

VTEX's Metrics Are Moving In The Right Direction (Rating Upgrade)

A UBS analyst upgraded his rating on VTEX stock from "neutral" to "buy." The analyst also significantly increased his one-year price target on the stock.

Why VTEX Stock Is Jumping Today

VTEX is also recognized as a Visionary in the 2023 Gartner Magic Quadrant ™  for Digital Commerce based on its Ability to Execute and Completeness of Vision NEW YORK , Aug. 23, 2023 /PRNewswire/ --  VTEX  (NYSE: VTEX), the global enterprise digital commerce platform is named a Visionary in the 2023 Gartner Magic Quadrant ™  for Digital Commerce for its Ability to Execute and Completeness of Vision. VTEX has also ranked second for the following Use Cases: B2C Digital Commerce (4.14/5), B2C and B2B Digital Commerce on the Same Platform (3.96/5), and Complex Business Models (4.01/5); And it is rated third for the Composable Commerce (4.25/5) Use Case, and fifth for the B2B Digital Commerce (3.85/5) Use Case in the 2023 Gartner Critical Capabilities for Digital Commerce.

VTEX is Ranked 2nd for Use Cases: B2C Digital Commerce, and B2C and B2B Digital Commerce on Same Platform in the 2023 Gartner® Critical Capabilities for Digital Commerce

VTEX (NYSE:VTEX ) Q2 2023 Results Conference Call August 8, 2023 4:30 PM ET Company Participants Julia Vater Fernandez - IR, Director Geraldo Thomaz - Founder, Co-CEO Mariano Gomide de Faria - Founder, Co-CEO Ricardo Camatta Sodre - CFO Andre Spolidoro - Chief Statutory Officer Conference Call Participants Marcelo Santos - JP Morgan Lucas Chaves - UBS Clarke Jeffries - Piper Sandler Maddie Schrage - KeyBank Julia Vater Fernandez Hello, everyone, and welcome to the VTEX Earnings Conference Call for the Quarter Ended June 13, 2023. I am Julia Vater Fernandez, Investor Relations Director for VTEX.

VTEX (VTEX) Q2 2023 Earnings Call Transcript

VTEX (VTEX) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.11 per share a year ago.

VTEX (VTEX) Reports Q2 Loss, Tops Revenue Estimates

NEW YORK--(BUSINESS WIRE)--VTEX (NYSE: VTEX) the global enterprise digital commerce platform for premier brands and retailers, today announced results for the second quarter of 2023 ended June 30, 2023. VTEX results have been prepared in accordance with International Accounting Standard 34, “Interim Financial Reporting”. Geraldo Thomaz Jr., founder and co-CEO of VTEX, commented, “Every quarter we are getting closer to becoming the backbone of connected commerce, the platform that powers unified.

VTEX Reports Second Quarter 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--VTEX (NYSE: VTEX), the global enterprise digital commerce platform for premier brands and retailers, will release the financial results for its second fiscal quarter ended June 30th, 2023, via conference call and audio webcast, on August 8th, 2023, at 4:30 pm Eastern Time. The conference call may be accessed by dialing +1-888-660-6011 (Conference ID – 1918046 –) and requesting inclusion in the call for VTEX. The live conference call can be accessed via audio webcast a.

VTEX to Announce Second Quarter 2023 Financial Results on August 8th, 2023

NEW YORK , July 20, 2023 /PRNewswire/ --  VTEX (NYSE: VTEX), the global enterprise digital commerce platform for premier brands and retailers, has been recognized with medals in all 12 categories by industry analyst firm Paradigm B2B in its annual Combine: Enterprise Edition report. Informed by leading B2B ecommerce practitioners, VTEX received four gold medals - one more than in 2022 (in the categories: - Customer Service & Support; Integrations, Operations & Infrastructure; Marketplaces and Promotions Management), and it is also the only provider with a gold medal in the "Marketplaces" product capability category.

VTEX Awarded Medals in All 12 Categories for the 2023 Paradigm B2B Combine for Digital Commerce Solutions: Enterprise Edition

NEW YORK--(BUSINESS WIRE)--VTEX (NYSE: VTEX), the global enterprise digital commerce platform, today announced the appointment of Silvia Mazzucchelli, renowned executive of the US Retail & Consumer industry, to its board of directors. Silvia has vast experience in the American market as a former C-level executive of companies like GUESS, TOMS Shoes, American Apparel, ModCloth (a Walmart ecommerce portfolio company), and The Collected Group (a KKR portfolio company). She is a senior advisor.

VTEX appoints Silvia Mazzucchelli to join its Board of Directors

VTEX is expanding its e-commerce software as a service platform into the US and Europe, targeting a combined market worth over $1.5 trillion. Entry into these markets is still in early stages, and it may take time for VTEX to establish its presence and see a boost in revenue. Risks for VTEX include foreign exchange fluctuations and the need to maintain technological innovation to remain competitive.

VTEX: Europe And The U.S. Expansion Is Very Positive

NEW YORK--(BUSINESS WIRE)--VTEX (NYSE: VTEX), the global enterprise digital commerce platform, will host its first virtual Investor Day, scheduled for July 21st, 2023, at 10 a.m. ET. The event, which will take place on the second anniversary of the company's IPO, aims to offer investors and analysts an overview of the company's performance, as well as provide an update on its recent product launches, commercial initiatives and long-term strategic vision. The event is set to last for a duration.

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