Groupon, Inc. Aktie News

Groupon returned to revenue growth in its Q1 report last night. Sales exceeded expectations, even if losses were worse than forecasts.

Groupon, Inc. (NASDAQ:GRPN ) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Dusan Senkypl - Interim Chief Executive Officer Jiri Ponrt - Chief Financial Officer Conference Call Participants Sean McGowan - ROTH MKM Eric Sheridan - Goldman Sachs Operator Hello, and welcome to Groupon's First Quarter 2024 Financial Results Conference Call. On the call today are CEO Du...

As consumers step up their spending on travel and on local experiences, Groupon noted, they are pulling back on buying products.

Groupon, a once-popular deals site, is a contrarian play with solid fundamentals and a reasonable valuation. The company has shown improvements in its liquidity position and operating cash flow through cost-cutting measures. Marketplace trends are improving, with the addition of new features like gifting.

As consumers splurge on gifts in spite of other budgetary cutbacks, Groupon is looking to capture this lucrative opportunity. The eCommerce marketplace shared on a call with analysts discussing its fourth-quarter and full-year 2023 financial results Friday (March 15) that, amid revenue declines, the company is targeting consumers' gift spending to drive increases going forward.

Groupon, Inc. (GRPN) Q4 2023 Earnings Call Transcript

Groupon Inc (NASDAQ: GRPN) has already gained about 50% versus its year-to-date low but a Roth MKM analyst is convinced it's not out of juice just yet. Groupon stock could climb further to $28 The eCommerce marketplace is expected to report its quarterly financial results on March 15th.

Small-cap stocks are particularly vulnerable to higher interest rates. So it's not surprising that many of these stocks are struggling in a higher-for-longer rate environment.