Lyft Earnings Miss Estimates After Global Expansion Push

About this episode

The episode discusses Lyft's earnings miss due to international expansion costs, alongside insights on Airbnb, Texas Roadhouse, and the alignment of luxury brands with golf culture.

Watch Paul and Scarlet LIVE every day on YouTube:  http://bit.ly/3vTiACF . Bloomberg Intelligence hosted by Paul Sweeney, Scarlet Fu, and Isabelle Lee - Mandeep Singh, Global Tech Research Head at Bloomberg Intelligence, discusses Lyft and Airbnb earnings. Lyft Inc. reported profit that fell short of Wall Street’s estimates due to spending on international expansion and higher-end offerings. Airbnb boosted its annual forecast due to robust bookings in the Americas, and expects annual revenue growth to "accelerate to low- to mid-teens". --Michael Halen, Bloomberg Intelligence Senior Restaurant and Foodservice Analyst, discusses his outlook for Texas Roadhouse and U.S Foods, along with Wendy’s earnings. Wendy’s reported adjusted earnings per share for the first quarter that beat the average analyst estimate. -Brian Cox, Global Vice President of Scotch Whisky at Bacardi LTD, on why luxury brands are increasingly aligning themselves with golf culture right now. Not long ago, golf was fading. Membership fees were sky-high, and younger audiences weren’t buying in. By the late 2000’s, the sport had lost nearly 6.8 million players , especially younger…

People in this episode

Hosts: Paul Sweeney, Scarlet Fu, Isabelle Lee

Guests: Mandeep Singh, Michael Halen, Brian Cox

Topics covered

• Earnings Reports
• Global Expansion
• Luxury Brands
• Golf Culture
• Market Analysis

Keywords

• Lyft
• Airbnb
• Earnings
• Global Expansion
• Luxury Brands
• Golf Culture
• Market Analysis

Mentioned in this episode

Organizations: Bloomberg Intelligence, Lyft, Airbnb, Texas Roadhouse, U.S Foods, Wendy’s, Bacardi LTD

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