83 companies in our coverage universe are set to report this week.
Here are some highlights, recaps, and stocks to watch:
- Expedia reports after the close on Monday, May 2nd.
- Travel and vacation-related trends have been on the rise for some time. However, macro headwinds (like inflation and rising fuel prices) have weighed on the industry, stunting its bounce back.
- EXPE’s Purchase Intent Mentions have increased by +42% YoY but do show some signs of tempering in 22Q2.
- Starbucks will release second-quarter fiscal 2022 earnings after the close on May 3.
- In SBUX’s previous report the company missed earnings expectations, largely due to rising supply chain costs and underperformance in China.
- Since then, shares have traded ~25% lower.
- Consumer demand among English speakers continues to improve, pacing +6% higher YoY on a 90-day Moving Average and +11% YoY on a 30-day Moving Average (acceleration).
- Uber will post earnings for its latest quarter after the close Wednesday, May 4.
- A continued return to regular nightlife and rising airport travel have bolstered Uber demand by +9% QoQ and +2% YoY.
- Genericized mentions from consumers utilizing ride-sharing services have risen at an even steeper clip, +29% QoQ and +55% YoY.
- Uber Happiness is spiking higher following the company’s decision to drop mask mandates: +5% YoY.
- Uber aspires to be a travel ‘Superapp’ and will begin rolling out additional booking services (trains, buses, planes, car rentals) in the U.K. in 2022.
- DASH posts 22Q1 earnings Thursday, May 5 after the bell.
- Overall Mention growth is flat at +3% YoY, and so is Purchase Intent growth: +1%.
- Trends suggest consumers are eating out more (going to a restaurant mentions: +25% YoY) and ordering in less (generic food delivery mentions: -4% YoY).
- TDOC shares plunged more than 40% in the wake of its earnings release last week after the company warned of a weak sales outlook and rising costs.
- Data shows Teladoc consumer demand mentions register well above pre-pandemic levels, currently trending +21% YoY.
- However, overall telehealth demand shows signs of deceleration. Current mentions remain relatively flat YoY, but -21% lower QoQ.
Watch us talk in-depth about these names on the TD Ameritrade Network at 12:20 ET Monday-Friday.