Wix.com press release ( WIX ): Q1 Non-GAAP EPS of $0.75 misses by $0.47 . Revenue of $541.2M (+23.6% Y/Y) misses by $2.84M . Total ARR was $1.903 billion at the end of the first quarter of 2026, up 15% y/y. Creative Subscriptions revenue in the first quarter of 2026 was $382.4 million, up 13% y/y. Business Solutions revenue in the first quarter of 2026 was $158.8 million, up 17% y/y. Transaction r...
Wix.com press release ( WIX ): Q1 Non-GAAP EPS of $0.75 misses by $0.47 . Revenue of $541.2M (+23.6% Y/Y) misses by $2.84M . Total ARR was $1.903 billion at the end of the first quarter of 2026, up 15% y/y. Creative Subscriptions revenue in the first quarter of 2026 was $382.4 million, up 13% y/y. Business Solutions revenue in the first quarter of 2026 was $158.8 million, up 17% y/y. Transaction revenue 1 in the first quarter of 2026 was $70.0 million, up 19% y/y. Partners revenue 2 in the first quarter of 2026 was $203.4 million, up 19% y/y Total bookings in the first quarter of 2026 were $585.0 million, up 15% y/y Creative Subscriptions bookings in the first quarter of 2026 were $418.8 million, up 13% y/y Business Solutions bookings in the first quarter of 2026 were $166.2 million, up 18% y/y. Outlook: For the second quarter of 2026 , we also expect revenue to grow at a mid-teens percentage on a year-over-year basis. For the full year 2026 , we expect FCF margin excluding acquisition costs to be in the high-teens. Assuming pre-tender completion capital structure and excluding acquisition costs, we expect full year FCF margin would continue to be in the low- to mid-20% range. More on Wix.com Wix: The Unprofitable Deep Value Company Wix.com: No AI Apocalypse In Sight, Only Tailwinds (Upgrade) Wix.com: Maybe Not A Clear Buy, But Worth Selling A Put Option Wix.com Q1 2026 Earnings Preview Wix.com receives another downgrade following Dutch auction of shares
The conflict in the Middle East has weighed heavily on the world's biggest luxury stocks , but Barclays sees a buying opportunity with the sector now offering the best value in a decade. Barclays sees upside in "self-help stories" such as LVMH and Gucci-owner Kering , as well as "favors companies" with higher exposure to the jewelry and American consumers, the bank wrote in a note published on Mon...
The conflict in the Middle East has weighed heavily on the world's biggest luxury stocks , but Barclays sees a buying opportunity with the sector now offering the best value in a decade. Barclays sees upside in "self-help stories" such as LVMH and Gucci-owner Kering , as well as "favors companies" with higher exposure to the jewelry and American consumers, the bank wrote in a note published on Monday. It came as Barclays transfers coverage of luxury stocks to analyst Viktoria Petrova, who predicts the sector will return to about 3% revenue growth this year, then stabilize at 4% growth through 2029. Bullish analysts hope 2026 will offer an inflection point for luxury stocks, with the sector returning to growth after four years of contraction. Concerns over a slowdown in current and future organic growth have left sector valuation multiples "well below their past decade average," Barclays noted. "Luxury's growth model has entered a new phase," it added. "The recent slowdown underscores a shift in consumer behavior and calls for a rethink of established strategic playbooks." Disruption from the Iran war is weighing on spending by luxury consumers in the Middle East, formerly one of the sector's few bright spots amid sluggish growth in former growth driver China and in Europe. Inflation risks and a more selective consumer have also added to the sector's woes. Winners of luxury's "new phase" Barclays upgraded LVMH to overweight and Kering to equal weight, citing a preference for "self-help stories," in a note published late Monday. The bank sees Kering's growth at above-market rates of 8% through 2028, as its turnaround under new CEO Luca de Meo bears fruit. It also predicted that the company, which also owns Bottega Veneta, Saint Laurent, and Balenciaga, will see its profit margin double by 2029, as it hiked its price target to 300 euros from 255 euros. In April, de Meo presented investors with Kering's highly anticipated new strategy, "ReconKering." He hopes to revive ...
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, David Ingles and Yvonne Man give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, David Ingles and Yvonne Man give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
Slate Grocery REIT press release ( SRRTF ): Q1 FFO per WA units of $0.25. Revenue of $59.32M (+11.8% Y/Y) beats by $0.71M . Portfolio occupancy remained stable at 94.4% as at March 31, 2026 More on Slate Grocery REIT Get A Generous Yield And Upside Potential With Slate Grocery REIT Historical earnings data for Slate Grocery REIT Dividend scorecard for Slate Grocery REIT Financial information for S...
Slate Grocery REIT press release ( SRRTF ): Q1 FFO per WA units of $0.25. Revenue of $59.32M (+11.8% Y/Y) beats by $0.71M . Portfolio occupancy remained stable at 94.4% as at March 31, 2026 More on Slate Grocery REIT Get A Generous Yield And Upside Potential With Slate Grocery REIT Historical earnings data for Slate Grocery REIT Dividend scorecard for Slate Grocery REIT Financial information for Slate Grocery REIT
India More Than Doubles Gold, Silver Tariffs To Defend Crashing Rupee One day after vehemently denying speculation that India plans to raise duties on gold and silver imports following Prime Minister Narendra Modi's urging people to avoid buying gold for a year due to the impact of the Iran war, India did in fact raise import tariffs on gold and silver in an attempt to defend its currency, a ...
India More Than Doubles Gold, Silver Tariffs To Defend Crashing Rupee One day after vehemently denying speculation that India plans to raise duties on gold and silver imports following Prime Minister Narendra Modi's urging people to avoid buying gold for a year due to the impact of the Iran war, India did in fact raise import tariffs on gold and silver in an attempt to defend its currency, a surprise move as the country races to limit the damage from the Middle East war and to shore up foreign-exchange reserves. The government has more than doubled import taxes on gold and silver to about 15% from 6%, according to two official orders, imposing a 10% basic customs duty alongside a 5% agriculture infrastructure and development levy. The hikes, aiming to dampen demand in the world’s second-largest bullion market, followed a rare weekend appeal from Prime Minister Narendra Modi in which he urged citizens to forgo gold purchases as well as unnecessary foreign travel in order to help hold up the currency. The Indian rupee has plunged more than 6% in 2026 with most of the losses occurring after the Iran war started; the currency is on pace to drop to 100 vs the US dollar in the coming weeks. New Delhi is also weighing other emergency steps, including raising fuel prices and curbing non-essential imports like electronic goods. India, the world’s third-largest oil importer, has been hit hard by the inflationary shock caused by energy disruptions in the Persian Gulf. Higher import bills have driven sharp foreign-exchange outflows , pushing the rupee down to a record low and prompting the Reserve Bank of India to step in and sell dollars . And the fact that gold is the country’s largest import item after crude oil does not help, which is why India is doing everything in its power to limit capital outflows. Gold is deeply ingrained in Indian culture and plays a vital role in savings, weddings and religious festivals. India meets almost of all its demand through imports, wi...
FedEx ( FDX ) CEO Raj Subramaniam on Tuesday downplayed concerns over competitive pressure from Amazon ’s ( AMZN ) recent supply chain services announcement. “Last week’s announcement versus what FedEx operates is completely different,” Subramaniam said on CNBC’s “Mad Money. ” “FedEx is a true end-to-end global network.” Amazon unveiled a new supply chain offering on on May 4 - Amazon Supply Chain...
FedEx ( FDX ) CEO Raj Subramaniam on Tuesday downplayed concerns over competitive pressure from Amazon ’s ( AMZN ) recent supply chain services announcement. “Last week’s announcement versus what FedEx operates is completely different,” Subramaniam said on CNBC’s “Mad Money. ” “FedEx is a true end-to-end global network.” Amazon unveiled a new supply chain offering on on May 4 - Amazon Supply Chain Services - that will allow companies outside its marketplace sellers to use its full suite of shipping, distribution, and fulfillment capabilities. Following the news , shares of FedEx ( FDX ) tumbled 9%, though the stock has since recovered roughly half of those losses. Rival United Parcel Service ( UPS ) , meanwhile, tumbled 10.5% on May 4. It’s climbed a more modest 2% since then. However, Subramaniam said comparing Amazon Supply Chain Services to FedEx’s core business misses a key distinction. “The true network is something you can pick up in any one part of the world and get it to any other part of the world in a couple of days,” he said. “For that, you need a system like what we have here and the networks around the world.” Subramaniam said “that’s not what was announced at all.” He characterized Amazon’s announcement as more of a third-party logistics offering — a business FedEx already participates in, but represents only a small piece of the company. FedEx’s third-party logistics segment “is about a $2 billion business,” he said. “It’s not the biggest piece of our business.” FedEx is projected to generate over $93 billion in its fiscal year ended in May, according to FactSet. In a note to clients Monday, analysts at Barclays similarly described Amazon’s move as “more noise than risk,” arguing the announcement was largely a rebranding of logistics capabilities Amazon has offered for years rather than a fundamentally new competitive threat, CNBC reported. Subramaniam also emphasized that Amazon remains an important FedEx customer after the two companies renewed thei...