Bright Spots In Digital Commerce

Levi Strauss posted better-than-expected revenue and profit for its quarterly results, which were supported by accelerated omnichannel and eCommerce capabilities in addition to shopper demand for refreshed wardrobes post-pandemic. And, in M&A, Stamps.com accepted an all-cash offer to go private from private equity firm Thoma Bravo. All this, Today in Data.

Data:

991K: Number of paid customers Stamps.com said it had in Q1 2021.

$189.1B: Amount of mailing and shipping revenueStamps.com posted in Q1 2021.

35%: Rough share of U.S. consumers who changed waist sizes during the pandemic.

$11B: Approximate market cap of Levi Strauss as of Friday (July 9).

$6.6B: Value of the all-cash offer Stamps.com accepted from Thoma Bravo to go private.