Sales on Monday “would have to decelerate considerably,” Fong said, for total BFCM sales to fall below Wall Street expectations for gross merchandise value growth of more than 17%. According to the leaker, the Epic Games Store will have numerous titles at unprecedented prices as part of this years Black Friday. Cyber Monday, which makes up about 30% of BFCM sales, remains. Oppenheimer analyst Ken Fong said his analysis of Shopify’s Live Clock over the weekend suggested that the company is on track to deliver Black Friday-Cyber Monday sales growth of more than 20%. Meanwhile, Adobe Analytics said consumers spent a record $9.8 billion online on Friday, up 7.5% from a year ago, and said Cyber Monday is expected to remain the season’s biggest online shopping day at $12 billion, up 6.1% from last year.

The average cart was $110.71, and the best-selling merchandise included clothing, personal care and jewelry. Collective sales peaked at $4.2 million per minute at 12:01 p.m. Shopify said global sales of its merchants reached a record $4.1 billion on Black Friday, up 22% from a year ago. The current monthly record was the 51.7% rally on April 2020. The stock has rocketed 57% so far in November, which would be its best monthly performance since the company went public in May 2015. Shot up 5.3% in afternoon trading, to put it on track for the highest close since March 2022. Decorate your library in Dav Pilkey style with this Scholastic Teachers Friend Dog Man Reading Is Epic Bulletin Board Set. Data from Adobe Analytics backed up Shopify’s assessment, as they showed a record $9.8 billion was spent online on Friday.

Epic reading black friday