Core Insights - Groupon reported revenue of $117.19 million for the quarter ended March 2025, reflecting a year-over-year decline of 4.8% but exceeding the Zacks Consensus Estimate by 1.46% [1] - The company's EPS was $0.18, a significant increase from $0.06 in the same quarter last year, resulting in an EPS surprise of 190.00% compared to the consensus estimate of -$0.20 [1] Revenue Performance - North America revenue was $91.11 million, surpassing the average estimate of $89.33 million, but down 3.2% year-over-year [4] - International revenue totaled $26.07 million, below the average estimate of $26.91 million, marking a 9.9% decline year-over-year [4] - Local revenue in North America was $85.94 million, exceeding the estimate of $83.23 million, but down 0.6% from the previous year [4] - International goods revenue was $2.26 million, above the estimate of $1.97 million, yet down 7.4% year-over-year [4] - North America goods revenue plummeted to $1.51 million, significantly below the estimate of $2.24 million, representing a drastic 50.9% decline year-over-year [4] - International local revenue was $22.42 million, slightly below the estimate of $22.54 million, reflecting a 9.4% decrease year-over-year [4] - International travel revenue was $1.39 million, falling short of the estimate of $2.41 million, with a year-over-year decline of 20.7% [4] - North America travel revenue was $3.66 million, below the estimate of $3.87 million, indicating a 20.4% decrease year-over-year [4] Stock Performance - Groupon's shares have returned +0.7% over the past month, in contrast to the Zacks S&P 500 composite's +10.6% change, indicating underperformance relative to the broader market [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the market in the near term [3]

Core Viewpoint - Groupon reported quarterly earnings of $0.18 per share, significantly beating the Zacks Consensus Estimate of a loss of $0.20 per share, marking an earnings surprise of 190% [1] - The company generated revenues of $117.19 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.46%, although this represents a decline from $123.08 million year-over-year [2] Group 1: Earnings Performance - Groupon's earnings of $0.18 per share compare favorably to earnings of $0.06 per share a year ago, indicating growth [1] - The company has surpassed consensus EPS estimates two times over the last four quarters [2] Group 2: Revenue Insights - The reported revenue of $117.19 million exceeded the consensus estimate, but is lower than the previous year's revenue of $123.08 million [2] - Groupon has topped consensus revenue estimates three times in the last four quarters [2] Group 3: Stock Performance and Outlook - Groupon shares have increased by approximately 39.3% since the beginning of the year, contrasting with a -4.7% decline in the S&P 500 [3] - The company's future stock performance will largely depend on management's commentary during the earnings call [3][4] Group 4: Earnings Estimates and Industry Context - Current consensus EPS estimate for the upcoming quarter is -$0.12 on revenues of $119.22 million, and -$0.25 on revenues of $497.1 million for the current fiscal year [7] - The Internet - Commerce industry is currently ranked in the top 31% of Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]

Groupon Reports First Quarter 2025 ResultsMay 07, 2025 4:15 PM EDT | Source: GrouponGlobal Revenue down 5% and Billings up 1%North America Local Revenue down less than 1% and Local Billings up 11% International Local revenue declined 8%. Excluding Italy, International Local revenue grew 4%Chicago, Illinois--(Newsfile Corp. - May 7, 2025) - Groupon, Inc. (NASDAQ: GRPN) today announced its financial results for the first quarter ended March 31, 2025. The company filed its Form 10-Q with the Secu ...

Groupon Reports First Quarter 2025 Results Global Revenue down 5% and Billings up 1%% North America Local Revenue down less than 1% and Local Billings up 11% International Local revenue declined 8%. Excluding Italy, International Local revenue grew 4% CHICAGO - May 7, 2025 - Groupon, Inc. (NASDAQ: GRPN) today announced its financial results for the first quarter ended March 31, 2025. The company filed its Form 10-Q with the Securities and Exchange Commission and posted updated earning commentary on its inve ...

Financial Performance - Gross billings for the three months ended March 31, 2025, were $386,476 thousand, a 1.0% increase from $381,146 thousand in 2024[142] - Total revenue for the three months ended March 31, 2025, was $117,187 thousand, down 4.8% from $123,084 thousand in 2024[145] - Total gross profit for North America decreased by 1.5% to $82,872 thousand for the three months ended March 31, 2025[154] - Total revenue for the international segment decreased by $2.9 million, from $28.95 million in Q1 2024 to $26.07 million in Q1 2025, a decline of 9.9%[160] - Adjusted EBITDA for the three months ended March 31, 2025 was $15.33 million, down from $19.52 million in Q1 2024, a decrease of 21.5%[176] - Revenue for the same period was $117.2 million, reflecting a decrease of $583 thousand from prior rates[180] - The company reported a gross profit of $106.3 million, down by $512 thousand due to exchange rate fluctuations[180] Customer Metrics - Active customers for the trailing twelve months ended March 31, 2025, were 15,472 thousand, a decrease of 4.1% from 16,130 thousand in 2024[142] - TTM active customers in the international segment fell by 15.1%, from 5,896 thousand in Q1 2024 to 5,006 thousand in Q1 2025[158] Segment Performance - North America segment gross billings increased by $13.6 million, or 5.0%, to $286,519 thousand for the three months ended March 31, 2025[153] - The Local category in North America saw gross billings increase by 10.6% to $255,656 thousand for the three months ended March 31, 2025[153] - The Goods category in North America experienced a significant decline in gross billings, down 42.4% to $8,621 thousand for the three months ended March 31, 2025[153] - International segment total gross billings decreased by $8.3 million, from $108.2 million in Q1 2024 to $99.9 million in Q1 2025, representing a 7.6% decline[158] Expenses - Marketing expenses in North America increased by 21.5% to $26,474 thousand, representing 29.1% of revenue for the three months ended March 31, 2025[156] - International marketing expenses increased by 13.3%, from $7.03 million in Q1 2024 to $7.96 million in Q1 2025, representing 30.5% of revenue[162] - Consolidated operating expenses rose by 1.2%, from $103.19 million in Q1 2024 to $104.41 million in Q1 2025[165] Profitability - Contribution profit in North America decreased by 9.5% to $56,398 thousand for the three months ended March 31, 2025[156] - International contribution profit decreased by 20.3%, from $19.4 million in Q1 2024 to $15.5 million in Q1 2025, primarily due to increased marketing expenses[162] Cash Flow and Liquidity - Free cash flow for the three months ended March 31, 2025, was $(3,759) thousand, an improvement from $(13,820) thousand in 2024[145] - The company experienced a net cash used in operating activities of $22 thousand for Q1 2025, a significant improvement from $10.1 million in Q1 2024[189] - Free cash flow for the three months ended March 31, 2025, was reported at $(3.8) million, compared to $(13.8) million in the prior year[187] - As of March 31, 2025, the company had a cash balance of $226.8 million, with sufficient liquidity to support operational needs and repay 2026 Notes upon maturity[182] - As of March 31, 2025, the company had $85.4 million in cash held by international subsidiaries, primarily in various foreign currencies[199] Other Financial Metrics - Other income improved significantly, with a net gain of $7.57 million in Q1 2025 compared to a loss of $12.68 million in Q1 2024, reflecting a $21.9 million favorable change in foreign currency gains[168] - The provision for income taxes decreased by 76.9%, from $6.19 million in Q1 2024 to $1.43 million in Q1 2025[169] - The company raised $80.0 million through a Rights Offering, selling 7,079,646 shares at $11.30 each[192] - The 2026 Notes have a principal amount of $230.0 million with a fixed interest rate of 1.125% per annum[195] Market Conditions - Approximately 22.2% of the company's revenue was derived from international operations, exposing it to foreign currency exchange risks[205] - The business is affected by changes in merchants' and customers' discretionary spending, which is expected to continue[209] - Increased inflation could negatively impact the business by driving up operating costs[209] - The company may struggle to offset higher costs through price increases or cost efficiency measures if inflationary pressures become significant[209]

Core Viewpoint - Groupon (GRPN) is expected to report a quarterly loss of $0.20 per share, a significant decline of 433.3% year-over-year, with revenues projected at $115.5 million, reflecting a 6.2% decrease compared to the same period last year [1]. Earnings Estimates - Over the past 30 days, the consensus EPS estimate for Groupon has been revised downward by 34.3%, indicating a collective reassessment by analysts of their initial projections [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock price performance [3]. Revenue Projections - Analysts estimate that 'Geographic Revenue- North America' will reach $89.33 million, down 5.1% from the previous year [5]. - 'Geographic Revenue- International- Local' is projected at $22.54 million, indicating a 9% year-over-year decline [5]. - 'Geographic Revenue- International' is expected to be $26.91 million, reflecting a 7.1% decrease year-over-year [5]. Specific Revenue Metrics - The average prediction for 'Geographic Revenue- North America- Goods' is $2.24 million, a decline of 27.2% from the year-ago quarter [6]. - 'Geographic Revenue- North America- Travel' is estimated at $3.87 million, suggesting a 15.9% year-over-year decrease [6]. - 'Geographic Revenue- North America- Local' is projected to be $83.23 million, down 3.7% from the previous year [7]. Stock Performance - Groupon shares have shown a return of +1.2% over the past month, contrasting with the Zacks S&P 500 composite's -0.5% change, indicating a potential alignment with overall market performance [7].

Company Performance - Groupon's stock closed at $18.10, showing no change from the previous day, while the S&P 500 gained 0.58% [1] - Over the past month, Groupon's shares declined by 3.57%, underperforming the Retail-Wholesale sector's loss of 0.19% and the S&P 500's loss of 0.84% [1] Upcoming Financial Results - Groupon is expected to report an EPS of -$0.20, which represents a decline of 433.33% from the same quarter last year [2] - The consensus estimate for revenue is $115.5 million, down 6.16% from the prior-year quarter [2] Full-Year Estimates - The full-year Zacks Consensus Estimates predict earnings of -$0.25 per share and revenue of $497.1 million, indicating year-over-year changes of +83.44% and +0.92%, respectively [3] Analyst Forecasts - Recent revisions to analyst forecasts for Groupon are important as they reflect changing business trends, with positive changes indicating a favorable outlook on the company's health and profitability [4] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently places Groupon at 3 (Hold) [6] - The Zacks Consensus EPS estimate for Groupon has decreased by 76.79% in the past month [6] Industry Context - Groupon operates within the Internet - Commerce industry, which is part of the Retail-Wholesale sector, currently holding a Zacks Industry Rank of 83, placing it in the top 34% of all industries [7]

这恰恰足见本地生活市场红利的天花板，到底有多么的低。可中国的头部互联网科技公司们，依然还试 图在这片已经厮杀了十余年的红海里寻找新的机会。 只是，当我们跳出这场外卖大战来看，会发现这样的商战其实在其他市场并不多见。比如美股科技七巨 头（Magnificent 7）中，没有任何一家的主营业务是本地生活，唯一一家电商是亚马逊；即便按照过去 的FAANG（美国互联网五巨头）标准，其中也没有本地生活业务什么事情。 那么问题就来了，为什么美国的互联网巨头们，不打"外卖战争"？ 竞争 先来看看美国本地生活市场现状。 严格意义上说，美国其实也发生过外卖战争。但从体量和资金规模上来看，更多还是独角兽级别的竞 速。 在千团大战过去将近十五年之后，谁也没想到，都2025年了，中国互联网公司头条新闻，居然还是争夺 本地生活市场。 自从京东宣布进军外卖市场以来，本来已经归于平静的市场再次波涛汹涌起来。乐观者认为，国内互联 网已经久违这样的活力，只有竞争才能带来公平和效率的提升。 但竞争还是内卷，其实还真不好说。京东说要求外卖业务利润率不超过5%，美团表示外卖业务利润率 其实一直就只在3%左右,要知道，美团已经是上一轮千团大战中赢到最 ...

Core Insights - Groupon is recognized as a leading destination for families seeking local experiences, particularly in the Chicago area, due to its diverse range of affordable activities [1][10] - The company focuses on supporting local businesses while providing value-driven experiences that align with consumer trends prioritizing affordability and meaningful outings [10] Group 1: Family Activities - Groupon offers a variety of family activities, including the Chuck E. Cheese Family Play & Pizza Package, which includes 60 minutes of unlimited games, a large pizza, and beverages [4] - My Kidzplay Indoor Playground spans 32,000 square feet and features trampolines, a ninja course, and a three-story play structure, catering to children aged six months to 12 years [5] - Discounted admission to LEGOLAND Discovery Center Chicago provides families with immersive LEGO experiences, including creative building zones and a 4D cinema [6] - The Exploritorium in Skokie encourages creativity through hands-on activities and offers accessible family admission options [7] Group 2: Upcoming Events and Promotions - Groupon is promoting the Mother's Day Family Fest by Event Wiz Inc., which includes carnival rides, food vendors, and live entertainment, scheduled for May 2025 [8] - The Mother's Day promotions from April 28 to May 11 feature discounted experiences such as spa packages, therapeutic massages, and personalized gifts, aimed at providing thoughtful options for families [9] Group 3: Business Model and Community Engagement - Groupon's business model emphasizes partnerships with local businesses, creating a bridge between merchants and communities, which enhances customer engagement and supports local economies [10][11] - The company's commitment to diversity, equity, and inclusion (DEI) is integral to its operations, aiming to foster a sense of belonging among employees and highlight the cultural heritage of its partners [11]

Core Insights - Groupon has been recognized as a leading platform for discovering and booking shared group experiences in New York, emphasizing its role in connecting people through accessible outings [1][3] - The platform is noted for making group experiences convenient and affordable, catering to the growing consumer demand for social interaction [3][8] Group Activities Overview - Notable activities featured on Groupon include N.Y.C Skyline Tours & Cruises, Bowlero, AMC Theatres, Ferox Ninja Park, and Area 53, showcasing a diverse range of group-friendly experiences [5][6][7] - N.Y.C Skyline Tours & Cruises offers scenic boat rides highlighting landmarks like the Statue of Liberty and Brooklyn Bridge, appealing to both tourists and locals [5][7] - Bowlero combines bowling with arcade games and a lounge atmosphere, making it suitable for group celebrations [5][7] - AMC Theatres provides discounted black ticket deals via Groupon, making movie nights more affordable for groups [6][7] - Ferox Ninja Park features obstacle courses and parkour elements, promoting teamwork and physical engagement [6][7] - Area 53 is an indoor adventure park with climbing structures and immersive zones, ideal for various group activities [6][7] Local Business Impact - Groupon's partnerships with local venues enhance the quality of experiences offered while supporting small businesses in reaching new customers [8][10] - The platform plays a vital role in strengthening local economies by fostering connections between merchants and consumers [10]