5 Earnings Movers: Expedia, Pinterest, Instacart, SoftBank, Sweetgreen

Earnings Movers: Expedia and Pinterest

• 🚀 Expedia's shares are soaring due to strong earnings and revenue, with gross bookings exceeding estimates and the company raising its full-year guidance, driven by its business-to-business and advertising segments.
• 📉 Pinterest shares are down despite revenue and guidance topping expectations, as advertisers express lingering concerns about tariffs and market uncertainty.

Instacart and SoftBank Performance

• 📈 Instacart is rising after reporting 17% order growth and offering optimistic guidance, with grocers lowering price markups to match in-store pricing.
• 💰 SoftBank shares jumped over 10% in Tokyo after reporting profits more than three times higher than analysts anticipated.

Sweetgreen's Struggles

• ⚠️ Sweetgreen shares are plunging as revenue missed estimates and the company reported a larger-than-expected loss.
• 📉 Comp sales fell by 7.6%, and the company slashed its guidance, facing challenges in selling $15 salads to price-conscious consumers after a strong prior year.

Discussion on Salads and Pricing

• 💬 The conversation touches on the nature of Sweetgreen as a salad-focused restaurant.
• 🧐 There's a humorous exchange about the appeal of salads, with the sentiment that while good, they are not typically a beloved item unless enhanced with ingredients like bacon, cheese, and heavy dressing.
• 🗣️ The term "protein" when offered as an add-on in apps like Sweetgreen and Chipotle is discussed, with a slight aversion to the specificity of the term.