Tag Archives: direct-to-consumer

Expedia Group (EXPE) Stock Gains as Third Quarter Earnings Top Estimates

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**Expedia Upgrades 2025 Revenue Forecast After Strong Q3 Earnings Beat**

Expedia Group (NASDAQ: EXPE) delivered a robust third-quarter earnings report, surpassing Wall Street expectations and prompting management to revise its 2025 revenue growth forecast upward. The company now projects revenue growth between 6% and 7% for 2025, up from previous guidance of 3% to 5%.

**Earnings Smash Expectations**

For the third quarter, Expedia reported adjusted earnings of $7.57 per share, easily beating analyst expectations of $6.92 per share. This result came in nearly 10% above consensus estimates. Revenue for the quarter reached $4.41 billion, a notable increase from $4.06 billion the year before and ahead of projections.

The strong quarterly report sparked a positive investor reaction, with Expedia shares jumping 16% in pre-market trading following the announcement.

**Strong Performance in B2B and Consumer Segments**

Expedia’s business-to-business (B2B) segment drove impressive results, with bookings climbing 26% to $9.38 billion. This division caters to corporate travel managers, offline agents, and financial institutions, reflecting ongoing recovery in business travel.

The direct-to-consumer segment also posted healthy growth, with bookings rising 7% to $21.34 billion. Bookings across platforms like Hotels.com and Vrbo contributed to combined gross bookings of $30.73 billion for the quarter—a 12% increase year-over-year.

Expedia has now beaten earnings forecasts in three of the past four quarters and exceeded revenue estimates in three of those periods as well.

**Regional Booking Trends Show Varied Recovery**

Regionally, Expedia saw different growth rates across markets. U.S. domestic bookings grew at their fastest pace in three years, with room nights up by high single digits. International operations enjoyed even stronger momentum, especially in Asia, where room night growth exceeded 20% year-over-year. These figures highlight the uneven pace of recovery in global travel markets.

**Stock Performance and Forward-Looking Estimates**

Despite rallying after the earnings beat, Expedia stock is up 14.8% year-to-date, slightly lagging behind the S&P 500’s 15.6% gain over the same period.

Looking ahead, analysts project adjusted earnings of $2.85 per share and revenue of $3.27 billion for the upcoming quarter. Full-year estimates call for earnings of $14.33 per share on revenue of $14.34 billion.

Expedia currently holds a Zacks Rank #2, indicating expectations for near-term outperformance based on positive earnings momentum. Notably, this marks the third time in four quarters that Expedia has delivered an earnings surprise.

**Investor Focus: Guidance and Recovery Landscape**

As management prepares for the earnings call, investors will focus on commentary surrounding the raised revenue outlook and detailed regional booking trends. The company’s ongoing monitoring of the government shutdown and its impact on business is also likely to be a topic of interest.

Overall, Expedia’s strong Q3 results and upgraded guidance underscore its resilience and strategic positioning amid ongoing recovery in global travel demand.
https://coincentral.com/expedia-group-expe-stock-gains-as-third-quarter-earnings-top-estimates/

Columbia Sportswear Had A Flat Quarter, But Underlying Trends Are Not That Good

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**Columbia Sportswear Had a Flat Quarter, But Underlying Trends Are Not That Good**
*Nov. 02, 2025 | 8:14 AM ET*

Columbia Sportswear Company (COLM) delivered slightly better-than-expected Q3 results, but underlying trends remain challenged, especially in the U.S. and direct-to-consumer channels. While the top-line performance was supported by earlier wholesale shipments, the company faced pressure on the bottom line due to impairments.

COLM continues to face margin pressure from tariffs and rising selling, general, and administrative expenses (SG&A). Operating margins for the full fiscal year 2025 are expected to decline, with further headwinds anticipated in fiscal year 2026.

On the positive side, product and marketing innovation—including new campaigns and higher-priced items—offer some promising opportunities. However, the overall impact of these initiatives remains uncertain at this stage.

With a valuation at approximately 15 times earnings and a flat growth outlook, COLM appears more attractive than it did a year ago. Nevertheless, a cautious **Hold** rating is warranted given the challenges ahead.

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### Q3 2025 Results Highlights

Columbia Sportswear reported Q3 2025 results that slightly exceeded expectations on the top line, driven mainly by earlier wholesale shipments. However, impairments impacted the bottom line, reflecting persistent operational challenges.

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### Operational Perspective

This analysis is provided by Quipus Capital, a long-only investment firm focused on evaluating companies from an operational, buy-and-hold perspective. Unlike market-driven analyses, our research emphasizes understanding long-term earnings power, competitive dynamics, and investing in companies we would be comfortable holding regardless of short-term price fluctuations.

Most of our recommendations result in “Hold” ratings by design, reflecting a cautious approach in a generally bullish market. Only a small fraction of companies are deemed Buy candidates at any given time. Hold ratings offer valuable information for future investors and encourage a healthy dose of skepticism.

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### Disclaimer

All articles represent the author’s opinions only and are provided “as is” without any warranty. They do not constitute professional investment advice. Readers should conduct their own due diligence and consult licensed professionals before making investment decisions. The author disclaims any liability for actions taken based on the information contained herein.

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### Analyst’s Disclosure

I/we have no stock, option, or similar derivative positions in any companies mentioned, nor plans to initiate any within the next 72 hours. This article expresses my own opinions. I am not receiving compensation for it other than from Seeking Alpha. I have no business relationships with any companies mentioned.

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### Seeking Alpha Disclosure

Past performance is no guarantee of future results. No recommendation or advice is given regarding the suitability of any investment. Views expressed may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker, U.S. investment adviser, or investment bank. Our analysts include both professional and individual investors who may not be licensed or certified by any regulatory body.

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