My Size (MYSZ) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
My Size, Inc. (MYSZ) came out with a quarterly loss of $0.64 per share versus the Zacks Consensus Estimate of a loss of $1.14. This compares to loss of $3.52 per share a year ago.
My Size (MYSZ) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
MICHAEL DE LUZ Williams & Novak, LLC | 28,005 | $20,120.19 | $12,599.45 | -$7,520.74 | -37.38% |
| Software Industry | Information Technology Sector | Ronen Luzon CEO | NASDAQ (CM) Exchange | 62844N406 CUSIP |
| IL Country | 45 Employees | - Last Dividend | 23 Apr 2024 Last Split | - IPO Date |
My Size, Inc. is an innovative player in the omnichannel e-commerce landscape, focusing on delivering advanced AI-driven measurement solutions for the fashion e-commerce sector. With operations spanning Israel, Spain, and other international markets, the company caters to a growing need for accurate sizing and fitting solutions among online retailers and shoppers. Initially founded in 1999 and initially known as Knowledgetree Ventures, Inc., the company underwent a significant rebranding to My Size, Inc. in January 2014. Grounded in its mission to revolutionize how online fashion transactions are conducted, My Size, Inc. leverages technology to improve the shopping experience, reduce returns due to poor fit, and help retailers manage inventory more effectively. Headquartered in Airport City, Israel, My Size, Inc. operates through two main segments: Fashion and Equipment E-Commerce Platform and SaaS Solutions.
This tool provides precise measurements, enabling customers to find clothes and accessories that fit perfectly. By leveraging advanced algorithms, Size Form simplifies the online shopping process, reducing the incidence of returns due to sizing issues.
A revolutionary solution designed for brick-and-mortar stores, the First Look Smart Mirror enhances the in-store shopping experience. It allows customers to filter the entire store's inventory based on their size and preferences, bringing the convenience of online shopping into physical retail spaces.
Smart Catalogue supports fashion brands in their quest to better understand and serve their customer base. It advises on the introduction of new sizes, identifies potential new product niches, and enables brands to adjust their product assortment according to customer demand. This tool empowers retailers to make data-driven decisions regarding their offerings.
With a focus on enhancing customer satisfaction and loyalty, the True Feedback solution facilitates the collection and analysis of consumer feedback. This tool allows businesses to refine their products and services, ensuring they meet and exceed customer expectations.
A flagship offering, MySizeID is a size-recommendation tool aimed at reducing the guesswork in online shopping. By recommending the most suitable sizes based on a user’s measurements, MySizeID seeks to enhance customer confidence and satisfaction while shopping online.
Naiz Fit offers cutting-edge SaaS technology solutions aimed at solving size and fit challenges in the fashion e-commerce space. Additionally, it provides AI solutions that assist in smarter garment design, helping brands tailor their offerings to the needs of their customers.
Last but not least, Orgad stands as My Size, Inc.’s venture into direct retail, operating as an online retailer. Orgad represents the company’s commitment to understanding and addressing the end-consumer’s needs through firsthand retail experience.