Categories AlphaGraphs, Earnings, Leisure & Entertainment
Expedia (EXPE) posts wider-than-expected loss in Q1
Online travel agency Expedia Group Inc. (NASDAQ: EXPE) reported its financial results for the quarter ended March 31, 2020, on Wednesday after the market closes. The bottom line was wider than the analysts’ expectations while the top-line missed consensus estimates.
Expedia posted a wider loss in the first quarter of 2020 due to the impact of the COVID-19 pandemic. For the quarter, total gross bookings fell by 39% as the spread of the virus became a global pandemic during March. Revenue grew in January and February before declining significantly year-over-year in March.
Like all travel companies, Expedia suffered a major reduction in business since the onset of COVID-19. However, the company was ahead of the game having implemented cost-savings measures earlier this year, and with the added pressure from the pandemic, the company accelerated and expanded its ambition on improving its long-term cost structure.
Past Performance
Most Popular
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
HRL Earnings: All you need to know about Hormel Foods’ Q4 2025 earnings results
Hormel Foods Corporation (NYSE: HRL) reported its fourth quarter 2025 earnings results today. Net sales increased 1.5% year-over-year to $3.18 billion. Organic sales were up 2%. Net loss attributable to Hormel
