Latest news with #bookings
Yahoo
4 hours ago
- Business
- Yahoo
Roblox Beats, Raises Bookings Outlook
Roblox (NYSE:RBLX) ripped higher after its Q2 results, jumping about 15% as the company delivered another round of upside and lifted its outlook. The platform posted bookings of $1.44 billion, well above the roughly $1.25 billion consensus, while daily active users climbed 41% to 111.8 million, and engagement metrics powered the beat. Warning! GuruFocus has detected 6 Warning Signs with RBLX. Despite the top-line strength, Roblox still posted a net loss of about $279 million, or $0.41 per share, as it continues to invest heavily in its ecosystem. Management raised third-quarter bookings guidance to $1.59$1.64 billion, ahead of Street expectations, and bumped full-year fiscal 2025 bookings to $5.87$5.97 billion, signaling confidence that viral hits and platform improvements will sustain momentum. CEO David Baszucki highlighted that the quarter's performance reflects strategic investment in infrastructure, discovery, and the virtual economy that is creating fertile conditions for creators, while the company's strong balance sheet and growing payer base give it optionality on further expansion. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Travel Weekly
6 hours ago
- Business
- Travel Weekly
NCLH reports record Q2 revenue
Norwegian Cruise Line Holdings bounced back from Q1 booking challenges to report record revenue in the second quarter, the company announced in its earnings report July 31. The performance included a rebound in bookings, both close-in and for future seasons, after NCLH saw pullback at the beginning of April for longer European itineraries amidst macroeconomic uncertainty. The $2.52 billion in Q2 revenue was 6% higher than the same quarter in 2024, and NCLH maintained its full-year guidance. The company also saw record advance ticket sales of $4 billion. "There's real excitement across the organization, from the new ships that entered service in the first half of the year to the meaningful progress we're making toward creating the greatest private island experience in the Caribbean," said CEO Harry Sommer during the company's earnings call Thursday. Increased focus on the Caribbean has been a strategic shift that is driving confidence at the company, leaders expressed on the call. There will be more ships in the Caribbean next year, reflecting the demand for the region relative to Europe, and Norwegian Cruise Line is opening a waterpark at its Great Stirrup Cay private island in the summer, which it announced this week while simultaneously launching a related marketing campaign. The Caribbean focus will "naturally" lead to increased overall load factors, which the Great Stirrup Cay interest will also help drive, said CFO Mark Kempa. Occupancy was 103.9% in the second quarter, on track with guidance. The investment in the Caribbean is intended to offer the sailings the company's customers are most desiring and was made before the disruption in Europe bookings in April, executives said. NCLH positioned about 31% of its fleet in Europe in Q2, which will decrease to 26% during Q2 of 2026, Sommer said. "It's not a significant decrease, but it's a modest decrease coupled with shorter itineraries [that] we believe better reflects what the consumer demand environment is like," the CEO said.
Yahoo
3 days ago
- Business
- Yahoo
US travel bookings rebound for August, boosting companies' revenue outlook
By Doyinsola Oladipo NEW YORK -U.S. travel companies including air carriers United Airlines and Southwest Airlines and hotel operators Hilton Worldwide and Wyndham Hotels have issued a collective sigh of relief as budget-conscious Americans have started booking travel again after many put vacation plans on pause earlier this year. U.S. consumer sentiment rebounded in July from a shaky June, dinged by inflation, a weakening U.S. dollar, and President Donald Trump's trade war. That translated to a rise in spending, with travel companies seeing an uptick in bookings and now expecting stronger fourth-quarter revenue growth. Companies that primarily service price-sensitive customers or the domestic U.S. market have higher expectations for August, with some seeing the end of the third quarter as an inflection point for what has otherwise been a rocky environment in 2025. "Just as quickly as demand stepped down in early February due to this uncertainty, it appears that demand is now stepping up," United Airlines Chief Commercial Officer Andrew Nocella said on a post-earnings call, saying uncertainty has dropped in recent weeks after five months of weak demand. Hotel operator Hilton echoed those sentiments, saying the freeze in corporate and business travel spending was finally "thawing." "Given our overweighting to the domestic market, we would expect to be an outsized beneficiary of any recovery in the domestic demand environment," said Southwest CEO Robert Jordan on an investor call. The company said demand stabilized in the second quarter, and its recent bookings showed clear signs of improvement. Most U.S. airline and hotel operators withdrew or cut their financial forecasts in April and May as President Trump's trade war threw the industry into its most uncertain time since the COVID-19 pandemic. Still, there is lingering uncertainty over how the economy will fare in an ever-evolving tariff landscape and with inflation still above the U.S. Federal Reserve's desired 2% rate. Super 8 motel operator Wyndham said that it was seeing more strength in revenue per available room, an important metric in the hospitality industry, in states like Wisconsin, Michigan, Minnesota, and Missouri, indicating steady demand from blue-collar everyday travelers. "In August, we'll see a stronger summer travel season," said CFO Michele Allen. American Airlines said it expects revenue to improve sequentially in August and September. Alaska Air Group Chief Commercial Officer Andrew Harrison said closer-in bookings are coming in stronger, with "very good" activity in August. However, the uptick in demand will be more evident for hotels and airlines in the fourth quarter. For airlines, "a continuation of these demand trends is needed as a catalyst for airline stocks" as weak demand for main cabin seats has forced airlines to offer sales to fill planes, Andrew G. Didora, Bank of America equity research analyst, said in a note. (Doyinsola Oladipo in New York; Editing by Cynthia Osterman) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
US travel bookings rebound for August, boosting companies' revenue outlook
By Doyinsola Oladipo NEW YORK -U.S. travel companies including air carriers United Airlines and Southwest Airlines and hotel operators Hilton Worldwide and Wyndham Hotels have issued a collective sigh of relief as budget-conscious Americans have started booking travel again after many put vacation plans on pause earlier this year. U.S. consumer sentiment rebounded in July from a shaky June, dinged by inflation, a weakening U.S. dollar, and President Donald Trump's trade war. That translated to a rise in spending, with travel companies seeing an uptick in bookings and now expecting stronger fourth-quarter revenue growth. Companies that primarily service price-sensitive customers or the domestic U.S. market have higher expectations for August, with some seeing the end of the third quarter as an inflection point for what has otherwise been a rocky environment in 2025. "Just as quickly as demand stepped down in early February due to this uncertainty, it appears that demand is now stepping up," United Airlines Chief Commercial Officer Andrew Nocella said on a post-earnings call, saying uncertainty has dropped in recent weeks after five months of weak demand. Hotel operator Hilton echoed those sentiments, saying the freeze in corporate and business travel spending was finally "thawing." "Given our overweighting to the domestic market, we would expect to be an outsized beneficiary of any recovery in the domestic demand environment," said Southwest CEO Robert Jordan on an investor call. The company said demand stabilized in the second quarter, and its recent bookings showed clear signs of improvement. Most U.S. airline and hotel operators withdrew or cut their financial forecasts in April and May as President Trump's trade war threw the industry into its most uncertain time since the COVID-19 pandemic. Still, there is lingering uncertainty over how the economy will fare in an ever-evolving tariff landscape and with inflation still above the U.S. Federal Reserve's desired 2% rate. Super 8 motel operator Wyndham said that it was seeing more strength in revenue per available room, an important metric in the hospitality industry, in states like Wisconsin, Michigan, Minnesota, and Missouri, indicating steady demand from blue-collar everyday travelers. "In August, we'll see a stronger summer travel season," said CFO Michele Allen. American Airlines said it expects revenue to improve sequentially in August and September. Alaska Air Group Chief Commercial Officer Andrew Harrison said closer-in bookings are coming in stronger, with "very good" activity in August. However, the uptick in demand will be more evident for hotels and airlines in the fourth quarter. For airlines, "a continuation of these demand trends is needed as a catalyst for airline stocks" as weak demand for main cabin seats has forced airlines to offer sales to fill planes, Andrew G. Didora, Bank of America equity research analyst, said in a note. (Doyinsola Oladipo in New York; Editing by Cynthia Osterman)
Yahoo
3 days ago
- Business
- Yahoo
Trip.com Group Limited (TCOM) Sees Surge in Singapore Bookings; Signs Two MOUs with Resorts World Genting (RWG)
Group Limited (NASDAQ:TCOM), considered a cheaply priced stock and a top pick among analysts, is included in our list of the 10 Cheap Travel Stocks to Buy According to Analysts. A busy airport terminal with travelers passing through on their leisure travels. Group Limited (NASDAQ:TCOM) recently released its findings on Southeast Asia tourism. According to the findings, the company reported a spike in bookings to Singapore for July and August. This sharp increase is attributed to the international interest in two major sporting events: the World Aquatics Championships 2025 and the Singapore Festival of Football 2025. The bookings increased in the two months by 31% and 50%, respectively, compared to last year. Amid this growing momentum, on July 9, 2025, Group Limited (NASDAQ:TCOM) signed two MOUs with Resorts World Genting (RWG), Malaysia's premier integrated resort. With the API integration between and RWG's hotel and theme park systems, this collaboration aims to enable real-time booking, rate parity, and exclusive offers for users. This move supports TCOM's mission to expand its position as a key tourism enabler in Asian markets. Group Limited (NASDAQ:TCOM), a global travel service provider, offers end-to-end solutions across transportation, accommodations, tours, and corporate travel segments. It is included in our list of cheap travel stocks. While we acknowledge the potential of TCOM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 14 Cheap Transportation Stocks to Buy According to Analysts and 10 Cheap Lithium Stocks to Buy According to Hedge Funds. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
