TRIP

Tripadvisor TRIP shares have appreciated 3.5% since the company reported its second quarter 2026 results on Aug. 6. The move comes even as both revenues and earnings missed the Zacks Consensus Estimate, likely reflecting adjusted EBITDA that came in above the company's own expectations and continued progress on its experiences-led portfolio simplification, including the pending sale of TheFork.TripAdvisor reported second-quarter 2026 non-GAAP earnings of 35 cents per share, which missed the Zacks Consensus Estimate of 42 cents by 16.67%. The company had reported earnings of 46 cents per share in the year-ago quarter.Revenues decreased 16.5% year over year to $441.9 million and missed the consensus mark by 13.12%.TripAdvisor shares have appreciated 38.3% year to date, outperforming the Zacks Retail-Wholesale sector's 9.3% decline. TripAdvisor, Inc. price-consensus-eps-surprise-chart | TripAdvisor, Inc. Quote Experiences: Revenues for the segment came in at $278.6 million, reflecting year-over-year growth of 3%. Excluding currency, growth was approximately 2%.The number of experience bookings was approximately 6.5 million in the quarter, up approximately 5% year over year. Viator, TripAdvisor's largest owned and operated point of sale, delivered 10% bookings growth, while sustained SEO headwinds on the TripAdvisor point of sale pressured overall segment growth by approximately 5 percentage points.Gross booking value reached approximately $1.4 billion, reflecting year-over-year growth of approximately 3%. Testing around discounting and a higher mix of lower-priced items pressured average booking value.Adjusted EBITDA for the segment was $30.8 million, or 11.1% of segment revenue, compared with $37.8 million, or 14% of segment revenue, in the year-ago quarter. Deleverage was primarily driven by a free-to-paid channel mix shift across Viator and the TripAdvisor point of sale.Hotels & Other: Revenues totaled $163.3 million, down 21% year over year.Hotels revenues were $117.9 million, down 23% year over year, as strong pricing growth was more than offset by hotel shopper volume headwinds. Media and advertising revenues declined 12% to $31.2 million on softer on-site traffic. Other revenues fell 20% to $14.2 million.Adjusted EBITDA for the segment was $45.6 million, or 27.9% of segment revenues, compared with $59.4 million, or 28.9% of segment revenues, a year ago. Margin deleverage was driven by an ongoing shift in prepaid channel mix and higher technology costs, partly offset by lower personnel costs.TheFork: Following the June 2026 agreement to sell TheFork to American Express for $700 million, the business is now classified as discontinued operations and is no longer a reportable segment. Revenues for TheFork were $61 million, up 13% year over year (10% in constant currency), with adjusted EBITDA of $11 million, or approximately 19% of revenues. The transaction, expected to close by the end of 2026, is anticipated to generate net proceeds of approximately $680 million. Total costs and expenses from continuing operations were $404.1 million, down 3% year over year.Cost of sales fell 15% year over year to $31 million, or 7% of revenue, aided by a benefit of approximately $2 million tied to an indirect tax refund.Marketing costs rose 4% year over year to $215.4 million, or 48.7% of revenue, driven by continued free-to-paid channel mix pressure, including SEO headwinds in Experiences and Hotels & Other.Personnel costs declined 21% year over year to $99.2 million, or 22.4% of revenue, reflecting lower Hotels & Other costs and reduced stock-based compensation tied to the 2025 cost savings program.Technology costs were largely flat year over year at $21.6 million, or 4.9% of revenues. General and administrative costs rose 53% year over year to $14.5 million, or 3.3% of revenues, against an easier prior-year comparison stemming from a one-time true-up.Operating income was $37.8 million compared with $57.9 million in the year-ago quarter.Total adjusted EBITDA from continuing operations was $76.4 million, 17.3% of revenues, down 21% from $97.2 million and 20.4% of revenues, a year ago. As of Jun 30, 2026, cash and cash equivalents from continuing operations were $843.2 million, down from $1.12 billion as of March 31, 2026, primarily reflecting the repayment of $345.4 million in 2026 Senior Notes on April 1. Long-term debt stood at $815.9 million, compared with $817.5 million at the end of the first quarter.Operating cash flow from continuing operations was $141.2 million compared with $203.7 million in the year-ago quarter. Free cash flow was $129.8 million compared with $183.4 million a year ago.The company did not repurchase any shares in the quarter given its ongoing portfolio review, including the TheFork sale process. Approximately $110 million remains available under the existing share repurchase authorization. For the third quarter, TripAdvisor expects Experiences bookings growth of approximately 5% to 7% and revenues in a range of a 2% decline to 1% growth, including approximately 1 percentage point of currency headwind. Experiences adjusted EBITDA margin is expected in the 14% to 17% range.Hotels & Other revenues are expected to decline approximately 20-23%, with adjusted EBITDA margin of approximately 22-25%.On a consolidated continuing operations basis, TripAdvisor expects third-quarter revenues to decline 7-10%, with adjusted EBITDA margin of 17-20%. Management noted a more prudent outlook for the second half of 2026, citing continued macro uncertainty, weather-related cancellations and softer U.S. to Europe demand, while characterizing these pressures as transitory rather than structural. TRIP currently carries a Zacks Rank #2 (Buy).Some other top-ranked stocks in the broader sector are The TJX Companies TJX, Abercrombie & Fitch ANF and Five Below FIVE. Each stock carries a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. The TJX Companies is set to report second-quarter fiscal 2027 results on Aug. 19. The Zacks Consensus Estimate for The TJX Companies’ second-quarter EPS is pegged at $1.18, up by a penny over the past 30 days and indicating an improvement of 5.1% year over year.Abercrombie & Fitch is slated to report second-quarter fiscal 2027 results on Aug. 26. The Zacks Consensus Estimate for Abercrombie & Fitch’s second-quarter earnings is pegged at $1.9 per share, unchanged over the past 30 days and indicating a decline of 18.1% year over year.Five Below is slated to report second-quarter fiscal 2027 results on Aug. 26. The Zacks Consensus Estimate for Five Below’s second-quarter earnings is pegged at $1.28 per share, up by 4cents over the past 30 days and indicating an improvement of 58.02% year over year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TripAdvisor, Inc. (TRIP) : Free Stock Analysis Report The TJX Companies, Inc. (TJX) : Free Stock Analysis Report Abercrombie & Fitch Company (ANF) : Free Stock Analysis Report Five Below, Inc. (FIVE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Interested in TripAdvisor, Inc.? Here are five stocks we like better. TripAdvisor plans to sell TheFork to American Express for $700 million, expecting approximately $680 million in net proceeds. Management may use the funds for debt reduction and share repurchases while continuing to focus the company on experiences. Second-quarter continuing-operations revenue reached $442 million, with experiences bookings up 5% and Viator bookings up 10%, but SEO-related traffic pressure limited growth. Hotels and other revenue fell 21% to $163 million as lower shopper volume outweighed strong hotel pricing. TripAdvisor issued a cautious third-quarter outlook, forecasting continuing-operations revenue to decline 7% to 10%. The company cited uneven travel demand, geopolitical and weather disruptions, lower average booking values and ongoing search headwinds. 3 ETFs to Avoid as Oil Shock Hits Markets TripAdvisor (NASDAQ:TRIP) reported second-quarter results in line with its expectations as growth in its experiences business was offset by persistent search-related pressure in legacy offerings and uneven travel demand. The company also said it expects to complete the sale of restaurant reservation platform TheFork to American Express before the end of 2026. President and CEO Matt Goldberg said the proposed $700 million transaction, for which a definitive agreement was signed Aug. 2, would further focus the company on experiences. TripAdvisor expects approximately $680 million in net proceeds and said the funds would provide flexibility for capital allocation, with debt reduction and share repurchases among the potential priorities. → Meta’s Earnings Drop Shows Wall Street Wants More Than Ad Growth Bounce Alert: 3 Large Caps With RSIs Too Good To Ignore “The transaction unlocks the value we’ve created at TheFork and is another step in focusing the company on experiences,” Goldberg said. He added that the company’s broader portfolio review remains ongoing as management evaluates ways to simplify the organization and improve shareholder value. TheFork is now classified as discontinued operations because of the planned sale. TripAdvisor’s continuing operations, consisting of its experiences and hotels and other segments, generated $442 million in second-quarter revenue and $76 million in adjusted EBITDA. TheFork generated $61 million of revenue and $11 million of adjusted EBITDA during the quarter. → 4 Oil and Gas ETF Plays as Prices Stay Sky-High Booking stock is the discounted growth story in travel stocks Chief Financial Officer Mike Noonan said the company’s reported results, including TheFork, were in line with revenue expectations and above expectations for adjusted EBITDA. TripAdvisor’s experiences segment recorded 5% growth in experiences booked, while gross booking value rose 3% to about $1.4 billion. Revenue in the segment increased 3%, or approximately 2% on a constant-currency basis. → Sandisk Just Delivered a Blowout Quarter—Here's Why the Stock Is Falling Viator, the company’s largest owned-and-operated point of sale, grew bookings 10% during the quarter. However, sustained SEO headwinds at the TripAdvisor point of sale weighed on overall segment performance. Noonan estimated that the SEO pressure represented approximately five percentage points of headwind to experiences booking and gross booking value growth. Experiences adjusted EBITDA was $31 million, or 11% of segment revenue, down 290 basis points from the prior year. The company attributed the margin decline primarily to a shift from free to paid customer acquisition channels, partly offset by lower personnel and other costs. Noonan described demand trends as uneven during the quarter. U.S. domestic bookings improved from April lows, including a recovery in Hawaii bookings, while travel from the U.S. to Europe softened and remained below levels seen earlier in the year. The company cited geopolitical uncertainty and extreme heat in May and June as factors affecting European travel. Higher cancellation rates, driven by weather and travel disruptions in the U.S. and Europe, also weighed on experiences revenue relative to bookings and gross booking value. TripAdvisor also saw lower average booking values as it tested discounting and experienced a higher mix of lower-priced items. During the question-and-answer session, Noonan said the shift toward lower-priced tours and attractions appeared to be a macroeconomic signal that emerged near the end of the first quarter and became more pronounced in the second quarter. Goldberg said the company continues to see favorable underlying indicators, including growth among retained and reactivated users, improving repeat rates and conversion gains. Management said it is investing in its marketplace “flywheel” through demand generation, product conversion improvements and supply expansion. TripAdvisor said it is diversifying marketing beyond paid search into social and other mid-funnel channels. The company is expanding rewards and incentives to support acquisition, conversion and repeat engagement. Product investments have focused on personalization, review presentation and availability information to make booking decisions easier. Supply efforts are targeting higher-quality inventory in secondary and tertiary destinations, including attractions and events. Revenue in the hotels and other segment fell 21% to $163 million, in line with the company’s expectations. Strong hotel pricing was more than offset by lower hotel shopper volume, according to Noonan. Media and advertising revenue declined 12% to $31 million as traffic headwinds outweighed off-platform revenue growth. The segment produced $46 million of adjusted EBITDA, representing a 28% margin. The margin declined by roughly 100 basis points, although adjusted EBITDA was better than management expected because personnel and other fixed costs were lower than anticipated. Goldberg said the hotels and other business remains profitable but faces structural changes in its primary SEO channel. TripAdvisor has reduced fixed costs in that segment by approximately 16% year to date and plans to continue evaluating further streamlining opportunities. For the third quarter, TripAdvisor expects experiences booked to increase about 5% to 7%, representing a flat to modest improvement from the second quarter. However, the company forecast experiences revenue to range from a 2% decline to 1% growth, including an approximately one-percentage-point currency headwind. Management expects third-quarter experiences adjusted EBITDA margin of 14% to 17%, reflecting revenue pressure and continued movement toward paid channels, particularly at the TripAdvisor point of sale. In hotels and other, TripAdvisor forecast revenue declines of approximately 20% to 23% and adjusted EBITDA margins of 22% to 25%. Across continuing operations, the company expects revenue to decline 7% to 10% in the third quarter, with adjusted EBITDA margin of 17% to 20%. The company adopted what Noonan called a more prudent outlook for the second half of 2026. It expects modest improvement in revenue growth across both segments in the fourth quarter if one-time travel disruptions do not recur, while further acceleration will depend on a more normalized macroeconomic environment. TripAdvisor ended the quarter with approximately $843 million in cash and cash equivalents. It repaid approximately $345 million of convertible notes on April 1, reducing both cash and total debt. The company had $110 million remaining under its share repurchase authorization but did not buy shares during the quarter because of the ongoing portfolio review and TheFork sale process. TripAdvisor (NASDAQ:TRIP) is a leading online travel company that operates a digital platform for travel information, reviews and booking services. The company's flagship website and mobile apps allow users to access and contribute travel-related content—ranging from hotel and restaurant reviews to ratings for tours, attractions and vacation rentals—helping consumers plan and book trips around the world. The core of TripAdvisor's offering is its community-driven review system, which aggregates user-generated feedback alongside editorial content and professional photography. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "TripAdvisor Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

This article first appeared on GuruFocus. Revenue (Continuing Operations): $442 million in Q2 2026. Adjusted EBITDA (Continuing Operations): $76 million in Q2 2026. Experiences Segment Revenue: Grew 3% (approximately 2% on a constant currency basis). Experiences Segment Bookings: Grew 5% in Q2. Viator Bookings: Grew 10% for the quarter. Experiences Gross Booking Value (GBV): Grew 3% to approximately $1.4 billion. Experiences Adjusted EBITDA: $31 million, or 11% of revenue, down 290 basis points. Hotels & Other Segment Revenue: $163 million, a 21% decline. Hotels & Other Adjusted EBITDA: $46 million, or 28% of revenue, down approximately 100 basis points. Media and Advertising Revenue: Declined 12% to $31 million. TheFork Revenue (Discontinued Operations): $61 million, representing 13% growth (10% in constant currency). TheFork Adjusted EBITDA (Discontinued Operations): $11 million, or approximately 19% of revenue. Operating Cash Flow: $141 million in Q2. Free Cash Flow: $130 million in Q2. Cash and Cash Equivalents: Approximately $843 million at June 30. Total Debt: Approximately $836 million. Q3 2026 Guidance (Experiences): Bookings growth of approximately 5% to 7%; revenue decline of 2% to growth of 1%; adjusted EBITDA margin of 14% to 17%. Q3 2026 Guidance (Hotels & Other): Revenue declines of approximately 20% to 23%; adjusted EBITDA margin of approximately 22% to 25%. Warning! GuruFocus has detected 4 Warning Sign with TRIP. Is TRIP fairly valued? Test your thesis with our free DCF calculator. Release Date: August 06, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Tripadvisor Inc (NASDAQ:TRIP) announced a proposed agreement to sell TheFork for $700 million, unlocking value and providing additional flexibility for capital allocation, with the transaction expected to close before year-end. The Experiences segment showed resilience, with Viator, its largest owned and operated point of sale, delivering 10% bookings growth in Q2, and the company remains confident in its long-term growth opportunity. The company is making progress in diversifying its marketing channels beyond paid search, with healthy double-digit growth in paid channels and encouraging early results from social and mid-funnel channels. Strategic supply expansion is paying off, with newly onboarded inventory in secondary and tertiary destinations securing first bookings faster and attracting a majority of bookings from first-time customers. Tripadvisor Inc (NASDAQ:TRIP) is actively positioning itself for AI-driven travel discovery, becoming the first travel experiences partner for Google Gemini and maintaining high visibility in AI overviews, while also signing deals with other leading AI platforms. The company reduced fixed costs in the Hotels & Other segment by approximately 16% year-to-date, demonstrating a continued focus on simplifying the business and aligning revenue trends with costs. Tripadvisor Inc (NASDAQ:TRIP) experienced uneven demand in Q2, with US to Europe bookings softening through the quarter and remaining well below levels seen at the beginning of the year, attributed to macro-related factors and extreme weather. The Experiences segment faced a significant headwind from sustained SEO pressures, which accounted for approximately 5 percentage points of growth headwind, primarily impacting the Tripadvisor point of sale. Experiences revenue growth was pressured by an increase in cancellation rates, driven by adverse weather and travel conditions in both the US and Europe during May and June. The company is seeing pressure on average booking values (ABV) due to a higher mix of lower-priced experiences, which is impacting GBV growth and take rates, a trend that continued into July. The Hotels & Other segment continues to be challenged by structural changes in its primary SEO channel, with Q2 revenue declining 21% and expectations for further declines of 20% to 23% in Q3. Tripadvisor Inc (NASDAQ:TRIP) provided a cautious Q3 outlook, expecting Experiences revenue to decline 2% at the low end or grow only 1% at the high end, reflecting ongoing macro headwinds and currency pressure. Q: Can you provide an update on the portfolio review and any other strategic opportunities being explored following the proposed sale of TheFork?A: Matt Goldberg, President and CEO, stated that the portfolio review continues with no options off the table. The goal is to reshape the company to focus more directly on experiences and simplify the portfolio, as complexity has not been rewarded by the market. The company is allocating resources to enhance the value of the portfolio and catalyze shareholder value, regardless of the final outcome of the review. Q: What are the primary factors weighing on Q3 Experiences revenue and bookings, and are they temporary or structural?A: CFO Mike Noonan identified weather-related cancellations, US-to-Europe demand softening, and lower average booking values as the key factors. He firmly believes these are transitory and not structural, citing that the business is largely North American booker origin with a strong US-to-Europe corridor, which has been impacted by adverse weather and geopolitical uncertainty. The company views these as temporary disruptions that will normalize over time. Q: How is the company addressing the significant SEO headwinds, and what is the current exposure by segment?A: Mike Noonan explained that SEO pressure accounted for approximately 5 percentage points of growth headwind to the Experiences segment, almost entirely driven by the Tripadvisor point of sale, with very modest exposure in Viator. The Hotels & Other segment continues to work through SEO challenges, which have diminished greatly over the years. The company expects the SEO drag to moderate as it becomes a smaller share of overall bookings mix. Q: Can you elaborate on the performance of Viator, including retention rates, repeat rates, and consumer price sensitivity?A: Mike Noonan noted that Viator, the largest owned and operated point of sale, delivered 10% growth in Q2. Marketing efficiency has remained consistent, with SEM costs versus GBV flat year over year. Repeat rates have been consistent, and cohorts carry a favorable margin profile. However, average booking value has come under pressure due to a higher mix of lower-priced items, which the company attributes to macro signals and has baked into Q3 guidance. Q: What is the company's strategy regarding AI, both in terms of native products and partnerships with AI labs?A: Matt Goldberg outlined a three-pronged AI strategy: accelerating the experiences marketplace flywheel internally, developing native AI offerings for travel planning and in-destination experiences, and partnering with leading AI platforms. The company has signed deals with OpenAI, Perplexity, Microsoft, Amazon, and Anthropic, and recently became the first travel experiences partner for Google Gemini. While AI-driven traffic remains small, the company is seeing encouraging early signs of visibility in AI overviews. Q: Given the macro headwinds, when can we expect revenue to reaccelerate and margins to expand again?A: Mike Noonan stated that the company expects to return to the growth rates seen at the start of the year, with Viator growing in the mid-teens and some categories in the 20s. He believes weather impacts and consumer trading down to lower-priced tours are temporary. Matt Goldberg added that travel intent remains durable for the fall, led by the US, and that experiences continue to play an increasingly important role in travel planning, positioning the company well for recovery. Q: Can you provide more detail on the Q3 guidance for the Experiences and Hotels & Other segments?A: Mike Noonan provided Q3 guidance: Experiences booked growth of 5% to 7%, revenue declines of 2% to growth of 1% (including approximately 1 percentage point of currency headwind), and adjusted EBITDA margin of 14% to 17%. Hotels & Other revenue is expected to decline 20% to 23%, with adjusted EBITDA margin of 22% to 25%. Consolidated continuing operations revenue is expected to decline 7% to 10% with adjusted EBITDA margin of 17% to 20%. Q: How is the company investing in the experiences flywheel, and what are the early results from these investments?A: Matt Goldberg highlighted progress across the flywheel's three stages: demand generation through diversified marketing channels beyond paid search, storefront conversion improvements through personalization and review presentation, and supply expansion in secondary and tertiary destinations. The company is seeing healthy double-digit growth in paid channels, compounding conversion gains, and new supply getting traction faster with higher productivity, driving new customer acquisition. Q: What is the company's capital allocation strategy following the expected $680 million in net proceeds from TheFork sale?A: Mike Noonan stated that the sale proceeds will provide flexibility in capital allocation choices, prioritizing debt reduction and/or share repurchases. The company has $110 million remaining on its share repurchase program but did not repurchase shares in Q2 due to the ongoing portfolio review. The company remains committed to the program and will evaluate opportunities while balancing capital structure requirements and market conditions. Q: How is the company addressing the challenges in the Hotels & Other segment, and what is the outlook for profitability?A: Mike Noonan noted that Q2 revenue declined 21% due to sustained hotel shopper volume headwinds, but adjusted EBITDA was higher than expectations due to lower personnel and fixed costs. The company has reduced fixed costs by approximately 16% year to date and will continue to evaluate further streamlining opportunities. The segment remains highly profitable, allowing for reinvestment into experiences, with Q3 adjusted EBITDA margin expected at 22% to 25%. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

TripAdvisor (TRIP) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -16.67%. A quarter ago, it was expected that this travel website operator would post a loss of $0.03 per share when it actually produced a loss of $0.11, delivering a surprise of -266.67%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. TripAdvisor, which belongs to the Zacks Internet - Commerce industry, posted revenues of $441.9 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 13.12%. This compares to year-ago revenues of $529 million. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. TripAdvisor shares have lost about 3.9% since the beginning of the year versus the S&P 500's gain of 12.8%. While TripAdvisor has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for TripAdvisor was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.83 on $566.55 million in revenues for the coming quarter and $1.40 on $1.89 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Commerce is currently in the bottom 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the broader Zacks Retail-Wholesale sector, Burlington Stores (BURL), has yet to report results for the quarter ended July 2026. This discount retailer is expected to post quarterly earnings of $2.17 per share in its upcoming report, which represents a year-over-year change of +36.5%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Burlington Stores' revenues are expected to be $3.02 billion, up 11.8% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TripAdvisor, Inc. (TRIP) : Free Stock Analysis Report Burlington Stores, Inc. (BURL) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Interested in MakeMyTrip Limited? Here are five stocks we like better. MakeMyTrip delivered solid fiscal Q1 growth: Constant-currency gross bookings rose 19.9% and IFRS revenue increased 16.1% to $285.6 million, while adjusted operating profit reached $51.4 million. Hotels and packages, bus ticketing and ancillary businesses offset softer air-ticketing demand. Non-air travel remained resilient amid disruptions: Hotels and packages bookings grew 19.6%, standalone hotel volumes rose 20.2% and bus volumes increased 23.9%, supported by domestic travel, shorter trips and more affordable ground transportation. The company is investing in AI and expansion: Myra 2.0 handled more than 8 million conversations during the quarter, while AI tools now generate over 75% of code and resolve more than half of customer-support calls. MakeMyTrip also confidentially filed for a proposed IPO of its Indian subsidiary to help fund growth, acquisitions and security repurchases. TripAdvisor is on AI-powered recovery from record lows MakeMyTrip (NASDAQ:MMYT) reported fiscal 2027 first-quarter growth in its hotels, packages and ground transportation businesses, helping offset softer air-ticketing trends amid geopolitical disruptions, higher fuel costs and elevated airfare levels. Group Chief Executive Officer Rajesh Magow said the quarter began with the continuing effects of the West Asia conflict, which disrupted flight operations and made travelers more cautious about international travel, particularly on westbound routes. As flight operations resumed, higher fuel and aviation turbine fuel costs contributed to higher fares and short-term airline capacity reductions. → Lost in Space: Why Aerospace Valuations Are Plummeting Right Now Are These 3 Travel-Related Stocks Actionable After Big Rallies? Magow said leisure travel demand remained resilient during the peak summer period, although international leisure travelers shifted some demand toward eastern and Far East destinations. Domestic leisure demand also included travel to popular destinations as well as shorter road-based getaways. Essential and business travel remained largely uninterrupted, except for long-haul westbound business trips, he said. Chief Financial Officer Dipak Bohra said gross bookings grew 19.9% year over year in constant-currency terms, while IFRS revenue increased 16.1% on the same basis to $285.6 million. Adjusted operating profit was $51.4 million, with adjusted operating profit margin maintained at 1.8% of gross bookings. → MarketBeat Week in Review – 07/27- 07/31 MakeMyTrip Stock is an Under-the-Radar Play Bohra noted that MakeMyTrip reports in U.S. dollars but operates primarily in Indian rupees. Currency translation reduced reported year-over-year growth figures by about 10 percentage points during the quarter, he said, making constant-currency metrics a more representative measure of operating performance. Air-ticketing adjusted margin totaled $98.5 million, up 10.8% year over year in constant currency. Flight volumes declined marginally, but the company cited stronger ancillary product attachment and improved unit economics. Hotels and packages adjusted margin rose 21.3% in constant currency to $134.5 million. Segment gross bookings increased 19.6%, while volume rose 19.9% and standalone hotel booking volumes grew 20.2%. Bus-ticketing adjusted margin increased 32.4% in constant currency to $51.8 million, supported by 23.9% volume growth. Adjusted margin in the company’s other segment, including ancillary offerings, rose 27.2% in constant currency to $24.9 million. Reported profit after tax was $9.1 million, after including $29.3 million of non-cash interest expense on zero-coupon convertible bonds and a $5.1 million translation-related foreign-currency loss. Adjusted net profit before tax was $52.2 million. → GE HealthCare Stock Climbs on Vital Diagnostics Demand The company ended the quarter with $794 million in cash and cash equivalents and deployed $7.8 million toward its share-buyback program. Group Chief Operating Officer Mohit Kabra said MakeMyTrip benefited from travelers choosing domestic stays, shorter holidays, pilgrimage-oriented trips and more affordable ground transportation alternatives. The company now offers more than 101,000 accommodation options across over 2,070 Indian cities, he said. During the quarter, the company introduced features intended to help travelers identify multi-bedroom properties and understand room layouts. It also launched a paid guaranteed early check-in or late check-out feature, which allows travelers to secure room access aligned with their schedules at the time of booking. MakeMyTrip also launched One Circle, a cross-network hotel rewards program initially covering more than 13,000 properties in India and international destinations. The program is intended to allow travelers to earn and redeem rewards across hotels, homestays and villas, while giving participating accommodation providers access to a wider base of customers, Kabra said. In homestays, the company launched its Star Host program to identify hosts meeting specified standards for guest ratings, responsiveness, booking performance and content quality. In tours and activities, MakeMyTrip said its international experiences catalog spans more than 250,000 offerings across 1,100 cities and 139 countries. It also launched domestic experiences across more than 50 Indian cities, with more than 3,000 products. Kabra said group tours expanded to more than 15 destinations, with about 90 departures during the quarter across destinations including Vietnam, Singapore, Georgia and Almaty. About one-fourth of the company’s tours and activities are purchased while travelers are already on a trip, he said. The company renewed its partnership with PhonePe for bus ticketing and reintroduced a native Goibibo-powered flight-booking experience within the PhonePe app after a roughly two-year hiatus. MakeMyTrip also introduced a customer-generated “Comfort Score” for bus seats and sleepers, along with a flight “Price Drop Protection” product and destination-specific Visa Guide. Magow said MakeMyTrip is pursuing an “AI-first” strategy across discovery, planning, booking, payments, service and loyalty. The company launched Myra 2.0, an updated AI travel assistant that supports conversational booking through text, voice or a combination of both across eight Indian languages. Myra handled more than 8 million conversations during the quarter, including more than 3 million in June, according to Magow. More than 45% of usage came from tier 2 and smaller cities. The company also launched AI-powered natural-language filters for hotel and flight listings. Management said AI now generates more than 75% of the company’s code, while its AI customer-support bot independently resolves more than 50% of customer calls. Magow said the support automation is reducing outsourcing costs and that the company believes the automated resolution rate could rise to 65% to 70% without substantial additional development work. Marketing and sales-promotion expense was 5.4% of gross bookings, compared with 5.2% in the preceding quarter, a change Bohra attributed to normal seasonality. Management said initial AI-led efficiency gains in personnel and general and administrative expenses helped offset higher marketing intensity. MakeMyTrip India Ltd., a wholly owned subsidiary, confidentially filed a pre-filed draft red herring prospectus with India’s Securities and Exchange Board and stock exchanges on July 17 for a proposed initial public offering and listing. Bohra said the Indian unit would remain a subsidiary and continue to be included in MakeMyTrip’s consolidated financial statements after the offering. The company said proceeds received by MakeMyTrip Mauritius from the sale of shares in the Indian subsidiary are expected to support long-term growth, strategic acquisitions and repurchases of securities, including convertible securities. Management also said it may consider future alternatives that could enable investors to participate more seamlessly between securities listed in India and the U.S., subject to regulatory conditions. Looking ahead, Magow said higher oil prices and rupee weakness remain important variables for travel inflation. The company said it would remain cautious about near-term conditions while continuing to emphasize growth opportunities in non-air-ticketing categories and calibrating marketing investments to market conditions. MakeMyTrip Inc is an online travel company that provides a comprehensive suite of travel products and services through its website and mobile app platform. The company's offerings include air ticketing, hotel reservations, holiday packages, rail and bus ticket bookings, ancillary travel services such as travel insurance and visa assistance, and corporate travel management solutions. By leveraging technology-driven platforms, MakeMyTrip aims to deliver convenience, competitive pricing, and a seamless booking experience for both retail and business customers. Founded in June 2000 by Deep Kalra, MakeMyTrip has grown to become one of India's leading travel technology firms. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "MakeMyTrip Q1 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

3 ETFs to Avoid as Oil Shock Hits Markets TripAdvisor (NASDAQ:TRIP) reported first-quarter 2026 results that were in line with revenue expectations and ahead of adjusted EBITDA expectations, but management said geopolitical and destination-specific disruptions weighed on booking trends late in the quarter. President and CEO Matt Goldberg said the company remains focused on its strategic shift toward becoming “the world’s largest experiences marketplace,” while also positioning its data and brands for changes in travel discovery driven by artificial intelligence. Chief Financial Officer Mike Noonan said consolidated revenue declined 4% year over year to $382 million, while consolidated adjusted EBITDA was $22 million, or 6% of revenue. → Insider Sales: Top AST SpaceMobile Insider Cuts Postion Over 30% Bounce Alert: 3 Large Caps With RSIs Too Good To Ignore “We delivered this result despite the challenging macro backdrop that intensified late in the quarter,” Goldberg said. TripAdvisor’s experiences segment began the quarter with strong momentum before disruptions in late February and March affected demand. Goldberg said gross booking value growth in experiences accelerated from 16% in the prior quarter to 19% in January and February. Viator, the company’s largest point of sale in the segment, was stronger, with bookings and GBV growing more than 20% during the first two months of the quarter. → Light Speed Returns: Corning Cashes In on NVIDIA Growth Booking stock is the discounted growth story in travel stocks That momentum was interrupted by geopolitical events in the Middle East and acute disruptions in Mexico and Hawaii, including civil unrest and severe flooding, according to management. Noonan said these events led to a spike in cancellations and weaker forward bookings in key leisure markets. For the full quarter, experiences booked grew 11%, just below the company’s low-teens expectation. Noonan estimated the macro events created about a three-point headwind to bookings growth and about a four-point headwind to experiences revenue growth. Experiences GBV rose 13% to approximately $1.2 billion, with currency contributing an estimated five-point tailwind. → Years in the Making, AMD’s Upside Movement Has Just Begun Experiences revenue grew 8%, or 4% in constant currency, slightly below expectations. Revenue growth was approximately 15% in January and February before moderating to roughly flat in March. The segment reported an adjusted EBITDA loss of $19 million, equal to negative 11% of revenue, which Noonan said was in line with expectations and reflected typical seasonality. Goldberg said the company is seeing early benefits from changes made last year, including closer coordination between Viator and TripAdvisor marketing teams, higher conversion on the TripAdvisor point of sale and more strategic supply additions. He said conversion on the TripAdvisor point of sale has grown more than 20% over the last two quarters. He also highlighted AI-assisted operator sign-up, which he said has more than doubled sign-up conversion, and noted that where TripAdvisor has added strategic supply, more than half of bookings came from new customers. TheFork, TripAdvisor’s restaurant reservation marketplace, posted first-quarter revenue of $57 million, up 23%, or 11% in constant currency. Noonan said total B2C channel bookings grew 6%, while B2B revenue grew more than 50%, including about 12 points of currency tailwind. TheFork’s adjusted EBITDA was $5 million, or about 8% of revenue, representing margin expansion of more than 15 percentage points. Noonan attributed the improvement to lower marketing and fixed costs, as well as the timing shift of some marketing costs from the first quarter into the second quarter. Goldberg said the company continues to make progress in its review of strategic alternatives for TheFork. While there was no definitive announcement, he said the process has reinforced management’s view that TheFork is “a highly attractive asset” whose value may not be fully reflected in TripAdvisor’s current portfolio. In response to an analyst question, Goldberg said TripAdvisor does not need to own TheFork to execute its experiences-focused strategy and could maintain a commercial relationship. If a transaction generated proceeds, he said the company would have flexibility to consider capital returns, debt reduction or further investment in experiences, including organic or inorganic opportunities. The Hotels and Other segment generated first-quarter revenue of $158 million, down 20% year over year. Noonan said performance was better than expected due to strong pricing in paid channels within the hotel metasearch offering, though that was offset by continued volume headwinds. Media advertising revenue declined 9% to $28 million, showing sequential improvement due to growth in off-platform revenue. Hotels and Other adjusted EBITDA was $37 million, or 23% of revenue. Goldberg said TripAdvisor is managing the legacy hotels business for contribution profit as it shifts away from being a subscale metasearch player and toward a leading experiences marketplace. He said total fixed costs in the segment declined approximately 14% year over year, while personnel costs declined 18%. Management repeatedly emphasized TripAdvisor’s AI strategy, pointing to the company’s data assets, including 1 billion reviews, photos, points of interest and other travel contributions. Goldberg said the company is working with major AI platforms including OpenAI, Perplexity, Microsoft, Amazon and Anthropic. He said TripAdvisor and Viator apps recently launched within Claude. Goldberg said traffic from AI sources remains small but is converting at among the highest rates of any channel in the company’s portfolio. He attributed that to the high-intent nature of conversational search and said TripAdvisor sees an opportunity to connect AI-driven travel planning with booking. “Wherever AI-led travel discovery ultimately lands, we believe the data layer that provides trust, relevance, and confidence to transact will define the winners,” Goldberg said. The company is also using AI internally. Goldberg said AI-enabled workflows are being embedded across research and development, and cited a recent AI-native pilot that produced a five- to seven-times increase in average engineering output. Noonan said April cancellation rates improved after spiking in March, while booking demand began to recover toward the end of the month. The company expects bookings and GBV to continue recovering through the second quarter and reach normalized levels as the quarter ends, though revenue growth is expected to lag due to booking-to-travel timing. For the second quarter, TripAdvisor expects consolidated revenue to decline by mid-single digits. Segment expectations include: Experiences bookings growth of approximately 5% to 8% and revenue growth of approximately 2% to 5%. TheFork revenue growth of approximately 10% to 13%, including about 400 basis points of currency benefit. Hotels and Other revenue declines of approximately 21% to 24%. Consolidated adjusted EBITDA margin of approximately 15% to 17%. For the full year, Noonan said TripAdvisor adjusted its outlook to reflect the expected first-half impact of macro events but left the second half unchanged due to uncertainty. That update implies approximately flat consolidated revenue growth and approximately flat adjusted EBITDA margin for 2026. Goldberg said travel consumers have historically been resilient, though he acknowledged uncertainty around geopolitical developments, energy prices, inflation, unemployment and consumer confidence. He said TripAdvisor has seen some demand shift toward domestic and intra-regional trips, with shorter booking windows and slightly shorter stays. “Travel always bounces back,” Goldberg said. “The question is when and how.” TripAdvisor (NASDAQ:TRIP) is a leading online travel company that operates a digital platform for travel information, reviews and booking services. The company's flagship website and mobile apps allow users to access and contribute travel-related content—ranging from hotel and restaurant reviews to ratings for tours, attractions and vacation rentals—helping consumers plan and book trips around the world. The core of TripAdvisor's offering is its community-driven review system, which aggregates user-generated feedback alongside editorial content and professional photography. The article "TripAdvisor Q1 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for May 2026.