Marriott Trims Its Full Year Outlook
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
20 minutes ago
- Yahoo
ATA Creativity Global (AACG) Q2 2025 Earnings Call Highlights: Revenue Growth Amid Enrollment ...
Release Date: August 07, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points ATA Creativity Global (NASDAQ:AACG) reported a year-over-year increase in net revenues and gross profits for the second quarter of 2025. The company saw a significant 54.2% growth in revenues from research-based learning, overseas study counseling, and other educational services. Operating expenses decreased by 9.4% compared to the second quarter of 2024, contributing to improved financial performance. AACG's project-based programs saw a 25.7% increase in credit hours delivered, highlighting the popularity and flexibility of these offerings. The company successfully expanded its international partnership network, enhancing its global reach and student opportunities. Negative Points Total student enrollment decreased by 3.1% in the second quarter of 2025 compared to the prior year period. Despite revenue growth, AACG reported a net loss of RMB10.8 million for the second quarter of 2025. The decrease in student enrollment was attributed to normalized demand following a rebound in previous years. Time-based programs saw a decrease in credit hours delivered, as more students opted for project-based tracks. The company faces intensified competition in the creative arts education market, which could impact future growth. Q & A Highlights Warning! GuruFocus has detected 6 Warning Signs with AACG. Q: Can you provide an overview of the financial performance for the second quarter of 2025? A: ATA Creativity Global CFO, Mr. Roba Sima, reported a year-over-year increase in net revenues and gross profits for the second quarter of 2025. Net revenues were RMB 55.9 million, an 8% increase from the previous year, primarily driven by overseas study counseling services and other educational services. Gross profit increased by 10.2% to RMB 28.3 million, with improved gross margins of 50.6%. Operating expenses decreased by 9.4%, leading to a narrowed net loss of RMB 10.8 million compared to RMB 16.8 million in the prior year. Q: What were the key drivers of revenue growth during this period? A: The primary drivers of revenue growth were the increased contributions from research-based learning, overseas study counseling, and other educational services. These areas saw a 54.2% growth compared to the previous year, with significant revenue growth in overseas study counseling services due to more services delivered and a high number of student admissions to prestigious institutions. Q: How did student enrollment trends impact the company's performance? A: Total student enrollment for the second quarter of 2025 was 1,050, a decrease of 3.1% from the prior year. This decline was attributed to normalized demand compared to the rebound in 2023 and the first half of 2024. Despite this, project-based programs saw a 25.7% increase in credit hours delivered, indicating a shift in student preference towards more flexible and customizable learning tracks. Q: What are the expectations for the full year 2025? A: The company expects total net revenues for the full year 2025 to be between RMB 276 million and RMB 281 million, representing a year-over-year increase of 3% to 5%. Portfolio training is anticipated to remain the main revenue pillar, with increased contributions from other business lines as the company continues to enhance its offerings and introduce new programs. Q: What strategic initiatives are being implemented to support long-term growth? A: ATA Creativity Global is focusing on organic expansion across all business lines, enhancing cost discipline, and improving efficiency to boost bottom-line results. The company is expanding its international partnership network and introducing new research-based learning projects and travel programs to diversify offerings and enhance student experiences. Additionally, cost-conscious methods such as maintaining a lean sales team and utilizing online marketing are being implemented to reduce operating expenses. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20 minutes ago
- Yahoo
Morning Bid: Trump Fed forms, Tech hits high
By Mike Dolan LONDON (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets The S&P 500 may have stalled on Thursday, but the Nasdaq hit a new high, as a week of positive earnings surprises and rising Fed easing expectations overshadowed tariff worries and a few isolated stock flubs. Tech excitement continues to push up all major index futures ahead of Friday's bell. * The stock stumbles on Thursday included an outsize 14% earnings-day hit to pharma giant Eli Lilly after a disappointing drug trial and a 3% drop in Intel after Trump demanded the resignation of its CEO due to Chinese links. * Longer-term Fed easing expectations were buoyed after Trump said he will nominate Council of Economic Advisors Chairperson Stephen Miran to temporarily fill Adriana Kugler's vacant board seat and dovish Fed Governor Chris Waller was reported to be his top pick for the Chair next year. JPMorgan now expects a rate cut next month, and the futures market is pricing in rates as low as 3% by the end of next year, about 20 basis points lower than expected a month ago. * U.S. Treasury yields flatlined and the dollar nudged higher, as Thursday's long-bond auction continued a week of lukewarm debt sales and weekly jobless claims data showed few signs of the softness flagged in last week's payrolls report. Sterling was firmer after the Bank of England only narrowly voted to cut rates on Thursday, and the peso was steady after Mexico's central bank eased again too. * U.S. gold futures climbed to a record high on Friday after a Financial Times report said the United States had imposed tariffs on imports of one kilo and 100 ounce gold bars, a move that could impact Switzerland, the world's largest gold refining hub. Crude oil prices fell to two-month lows as the expected talks between Trump and Russian President Vladimir Putin raised the prospect of easing sanctions on Russia. Today's Market Minute: * U.S. President Donald Trump has wielded the threat of tariffs as an all-purpose foreign policy weapon. With a Friday deadline for Russia to agree to peace in Ukraine or have its oil customers face secondary tariffs, Trump has found a novel, but risky, use for his favorite trade tool. * OpenAI launched on Thursday its GPT-5 artificial intelligence model, the highly anticipated latest installment of a technology that has helped transform global business and culture. * Israel's political-security cabinet approved a plan early on Friday to take control of Gaza City, as the country expands its military operations despite intensifying criticism at home and abroad over the devastating almost two-year-old war. * U.S. President Donald Trump has the so-called 'BRIC' group of nations directly in his trade war crosshairs, slapping super-high tariffs on imports from Brazil and India. But this belligerence could backfire writes ROI columnist Jamie McGeever. Chart of the day: The New York Fed's latest survey of household inflation expectations saw the long-term price rise outlook creeping back up to the highest since March, with views over one, three and five years now converging toward 3% - a point above the Fed's 2% inflation target. However, the history of the survey shows consumer views frequently gravitate to these levels over the past decade even before the post-pandemic inflation surge and during periods when actual inflation was much lower. Weekend reads: TRUMP WINNING?: Just over six months into his second term in the White House and amid huge economic policy disruption, Trump looks to be getting what he wants without bowling over the economy, writes former International Monetary Fund chief economist Kenneth Rogoff in a review. How successful those wins prove over the longer run remains far less clear, he argues on Project Syndicate. DATA MANIPULATION COSTS?: Trump's firing of the Bureau of Labor Statistics chief has raised questions about politically-biased government economic data going forward. Council on Foreign Relations fellow Benn Steil gives a glimpse of what studies show about the cost of data manipulation elsewhere in the world. CHINA TRADE AND EU JOBS: Following a recent European Central Bank blog on the impact of rising Chinese imports on European inflation, the ECB's latest bulletin contains a piece on how rising Chinese import competition - partly due to trade diversion from tariffed U.S. markets - might affect European labor markets. While auto and chemical sectors are already affected, it reckons the broader implications might extend to nearly one-third of euro area employment. OFFSETTING 'CHINA SHOCK': America's hit from Chinese competition has only really been felt in Germany since 2020, argues Technical University of Munich Professor Dalia Marin in a VoxEU column. To avoid America's painful de-industrialisation of the 2000s, she says, Chinese market entry in Europe should be made conditional on forming joint ventures with European firms in order to retain global competitiveness. MUSK VS MODI?: Elon Musk's court case against Indian Prime Minister Narendra Modi's government in the Karnataka High Court targets the entire basis for tightened internet censorship in India, one of the biggest user bases of Musk's X platform. As regulators globally weigh free-speech protections against concern about harmful content, Reuters Munsif Vengattil, Arpan Chaturvedi and Aditya Kalra give a detailed account of this pivotal battle between the world's richest person and authorities of the world's most populous country. Today's events to watch * Canada July employment report (8:30 AM EDT) * St. Louis Federal Reserve President Alberto Musalem speaks; Bank of England Chief Economist Huw Pill speaks Want to receive the Morning Bid in your inbox every weekday morning? Sign up for the newsletter here. You can find ROI on the Reuters website, and you can follow us on LinkedIn and X. Opinions expressed are those of the author. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias. (by Mike Dolan; editing by Sharon Singleton) Sign in to access your portfolio
%3Amax_bytes(150000)%3Astrip_icc()%2Ftal-celeb-loved-airport-outfit-tout-c957a3283fb74c8c9043b8ae2193ccd9.jpg&w=3840&q=100)
Travel + Leisure
22 minutes ago
- Travel + Leisure
This Celeb-loved Airport Outfit Is Actually a Mistake in Disguise—Here's What to Wear Instead, From $18
Sure, a jumpsuit looks effortlessly chic—and if you scroll through paparazzi photos, you'll see plenty of celebrities breezing through the airport in them. But as someone who flies constantly, I can confidently say they're not nearly as convenient as they seem. Between the awkward bathroom logistics and the lack of flexibility when temperatures shift mid-flight, jumpsuits just aren't worth it. Matching sets, on the other hand, give you that same one-and-done vibe but are way more practical. You can customize the look by layering a jacket or swapping in a different top or bottom without having to fully undress in a tiny airplane bathroom. The best sets are soft, breathable, and stylish enough to wear straight from the airport to your destination. Below, I rounded up the 10 best matching sets that are more versatile than a jumpsuit—and just as cute, starting at just $18. This best-selling Amazon matching set nails the sleek silhouette of a jumpsuit without any of the airplane bathroom struggle. It's 49 percent off right now, meaning each piece is just $9. The foldover flare pants and fitted T-shirt feel lightweight and stretchy, and when you throw a denim jacket over the look, you've got a comfy-cool outfit you can wear straight off the plane. This under-the-radar Quince set is as stylish as it is functional—a major feat in the travel outfit world. The mockneck sweatshirt gives you an elevated neckline that layers well under coats, while the matching pants have an elastic drawstring waistband for a no-fuss fit. Plus, the pants are lightweight and stretchy with real pockets, so you can stash your passport, snacks, or boarding pass with ease. This sweat set from Lululemon hits the travel trifecta: breathable fabric, a temperature-adjusting zip-up hoodie, and wide-leg pants with a hidden card sleeve. The scuba hoodie comes with a cozy hood you can flip up during takeoff and wear off the plane—and with a tank underneath if you're headed somewhere warm. It's a polished, versatile upgrade from your usual sweatset. If you like to be comfy without overheating, Vuori's iconic DreamKnit fabric delivers. This travel set has a relaxed fit that doesn't feel bulky, plus it's moisture-wicking and moves with you thanks to four-way stretch. With slash pockets and a drapey silhouette, the wide-leg pants and comfy pullover are made for long-haul flights or cross-country road trips. This Travel+Leisure editor-loved Amazon find combines fashion and function—and it's on sale for just $34. The half-zip top looks put-together while giving you that cozy airport energy, and the wide-leg pants feel loose without being sloppy. It's the kind of set you can style with sneakers or slides and still look pulled together. This set isn't just comfy, it's fun too. The bold red shade will brighten up your travel day, and the half-zip sweatshirt with wide-leg pant combo gives you that cushiony, 'light as air' feel Spanx is known for. Whether you're layering up for a chilly fight or running out the door to catch a train, it's a throw-on-and-go look that still feels polished. This matching set checks every box: travel-ready, breathable, and easy to wear beyond the airport. The cropped pants are perfect if you're flying during the tricky summer-to-fall transition, and the top easily pairs with jeans or a skirt post-trip. It's the kind of under-$40 find you'll want to grab in more than one color. This set is already flying off the virtual shelves—and for good reason. The VintageSoft fabric feels brushed on the inside, smooth on the outside, and is currently up to 50 percent off. Go for an all-white monochrome look for a chic take on sweats, or mix and match if you're packing light. This lightweight, cotton-blend Aritzia set was practically made for beach-bound travelers. The loose, breathable fit works just as well for airport security as it does lounging poolside. The button-up top can be worn open with a tank or buttoned up as a breezy cover-up. Bonus: The blue shade is stunning in vacation pics. This set lives up to its name—it feels cool to the touch, drapes like a dream, and makes for a smooth, no-fuss outfit on long flights. The Seasoft fabric is stretchy and silky without being clingy, and the elegant cut means you won't look like you're in pajamas when you land. Love a great deal? Sign up for our T+L Recommends newsletter and we'll send you our favorite travel products each week.
