Groupon sees Q3 revenue between $128 mln and $130 mln
Company expects 2026 revenue of $513 mln to $523 mln
Groupon expects growth to accelerate in the second half of 2026
Result drivers
North America softness - Co said North America Local revenue and billings declined due to weakness in Health, Beauty & Wellness, partially offset by gains in Things to Do and recovery in organic and managed channels
International growth - International Local revenue increased, driven by improved organic performance from the new consumer platform and expanded supply in Health, Beauty & Wellness and Things to Do
Unit sales decline - Unit sales fell 7% yr/yr due to lower transaction volume, though average order value increased as customers bought higher-value local inventory
Quarterly results
US local marketplace's Q2 revenue fell 1% yr/yr
Q2 adjusted EBITDA beat analyst expectations
Company posted $1.5 mln loss from continuing operations, versus profit a year ago
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the discount stores peer group is "buy"
Wall Street's median 12-month price target for Groupon, Inc. is $20.18, about 26.1% below its August 5 closing price of $27.29
The stock recently traded at 64 times the next 12-month earnings vs. a P/E of 35 three months ago
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