Core Viewpoint - The recent letter from New Oriental's founder, Yu Minhong, celebrating the company's 32nd anniversary while he was in Antarctica, has sparked controversy among employees who feel disconnected from the message and are still working hard during this time [1][2]. Company Overview - New Oriental was founded in 1993 by Yu Minhong in a small classroom in Beijing, initially focusing on TOEFL and GRE training, and has since expanded into various educational services [4]. - The company went public in 2006, becoming the first Chinese education institution listed in the U.S., and has diversified into study abroad consulting, early childhood education, and online education [4]. Recent Performance - For the first quarter of the 2026 fiscal year, New Oriental reported a net revenue of $1.523 billion, a year-on-year increase of 6.1%, driven by new educational business growth of approximately 15.3% [4]. - The company's net profit attributable to shareholders was $241 million, a decrease of 1.9%, while operating profit under non-GAAP increased by 11.3% to $335.5 million [4]. Future Projections - New Oriental expects its net revenue for the second quarter of the 2026 fiscal year to be between $1.132 billion and $1.163 billion, representing a year-on-year growth rate of 9% to 12% [5]. - The company projects full-year net revenue to be between $5.1453 billion and $5.3903 billion, with a growth rate of 5% to 10% [5].
俞敏洪在南极旅游发全员信引争议，有新东方员工称“无法共情”