Reported about 3 hours ago
Expedia CEO Ariane Gorin stated that potential shifts from quarterly to semiannual earnings reports, a proposal following President Trump's suggestions, would not influence internal decision-making. As the company focuses on long-term shareholder value, it reported a 20% stock increase this year and a strong Q2 performance, with revenues surpassing expectations. Despite some softness in U.S. demand, Gorin emphasized resilience among affluent travelers, and noted the positive impact of AI in enhancing travel planning. Analysts largely see strengths alongside ongoing challenges for the brand.
Source: YAHOO