Tag Archives: sfly

Shutterfly Downgraded On ‘Poor’ Mobile Performance

Sales growth at online photo company Shutterfly (SFLY) is no longer outpacing overall U.S. e-commerce growth, a sign that the company is being hurt by increased competition, pricing pressure and “poor” mobile performance, says an analyst. “Shutterfly grew organic consumer revenue by an estimated 15% in 2013, vs. 17% growth for overall U.S. e-commerce, the first time Shutterfly has not beaten e-commerce industry growth since the company was founded

Shutterfly Gets Negative, And Positive, Reports

Photo-printing website Shutterfly (SFLY) is leading its industry and holiday revenue might have jumped 34%, a Cowen & Co. analyst said on Monday. But Barclays downgraded the stock to equal weight, or hold, from outperform, and Shutterfly stock was down 4.5% in midday trading in the stock market today, near an eight-month low of 44.30. Still, Cowen’s Kevin Kopelman said holiday sales at Shutterfly jumped 34%. Cowen polled some 2,000 photo shoppers