Shopify and Its Merchants 'Remaining Resilient' Amid Escalating Tariff War: CFO
- Shopify's shares increased by 22 percent to $213.11 during mid-morning trading on the Toronto Stock Exchange.
- CFO Hoffmeister stated that Shopify hadn't seen 'any meaningful changes' in buyer behavior or cross-border activity.
- Shopify reported a second-quarter profit of 69 cents per diluted share, compared to 13 cents a year earlier.
- The firm has added high-profile merchants despite the impact of tariffs.
16 Articles
16 Articles
Shopify and its merchants 'remaining resilient' amid escalating tariff war: CFO (Business)
Tariffs don't appear to be weighing on Shopify Inc. The Ottawa-based purveyor of e-commerce software reported a profit Wednesday of US$906 million in its latest quarter as its revenue grew by 31 per cent. The numbers belie the ongoing trade dispute, which poses a threat to businesses Shopify counts ...
Shopify regains title as Canada’s most valuable company after stock soars 20%
Shares of Shopify Inc. surged by more than 20 per cent on Wednesday, making it once again Canada's most valuable company, after the e-commerce giant reported strong second-quarter profit and provided a rosy outlook for the third quarter, defying challenges posed by tariffs.
Shopify and its merchants 'remaining resilient' amid escalating tariff war: CFO
Tariffs don’t appear to be weighing on Shopify Inc. The Ottawa-based purveyor of e-commerce software reported a profit Wednesday of US$906 million in its latest quarter as its revenue grew by 31 per cent. The numbers belie the ongoing trade dispute, which poses a threat to businesses Shopify counts on for cash and stands to […]
Shopify Stock Jumps 20% After Tariff Fears Fade
Shopify earnings surged in the second quarter of 2025, pushing its stock up 20% on Wednesday. Strong revenue, solid profit, and upbeat guidance for the next quarter helped ease concerns over U.S. tariffs. The company’s leadership confirmed that the feared hit from President Donald Trump’s trade war never materialized, lifting investor confidence. Revenue Beats Expectations Shopify reported $2.68 billion in revenue for Q2, outpacing analyst expec…
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