CRITEO HOSTS RETAIL MEDIA INVESTOR UPDATE
Rhea-AI Summary
Criteo (NASDAQ: CRTO) is hosting a virtual Retail Media Investor Update to discuss the company's long-term growth strategy. The event features presentations from senior leadership, including CEO Megan Clarken, who emphasized Criteo's position as the leading AdTech player in Retail Media. The company views Retail Media as the largest secular growth trend in advertising for the coming years.
The update will cover Criteo's differentiation, AI-driven product innovation, and multiple growth drivers in Retail Media. The presentation includes a Q&A session with senior executives and will be accessible through the company's investor relations website.
Positive
- Company positioned as leading AdTech player in high-growth Retail Media sector
- Strong market position with technology leadership and unmatched scale
- Expects to outpace market growth while maintaining strong profitability
Negative
- None.
Insights
This investor update event, while a platform for discussing growth strategy, does not contain any immediate actionable financial data or material developments. The announcement primarily promotes a future presentation about Criteo's position in retail media advertising, without providing specific financial targets, contract wins, or concrete business developments. While management's optimistic outlook on the retail media sector is noted, the event itself is a routine corporate communication that belongs in the category of forward-looking discussions rather than material news that would immediately impact investment decisions.
Live Webcast Available Today at 8:30 a.m. ET
Megan Clarken, Chief Executive Officer, said, "Criteo is the leading AdTech player in Retail Media, a space set to be the largest secular growth trend in advertising over the next several years. As an independent Retail Media business with technology leadership and unmatched scale, we're uniquely positioned to capitalize on this massive opportunity and outpace market growth while sustaining strong profitability."
The event will feature formal presentations and a Q&A session with senior leadership:
- Megan Clarken, Chief Executive Officer
- Brian Gleason, Chief Revenue Officer and President, Retail Media
- Melanie Zimmermann, General Manager, Global Retail Media
- Sherry Smith, Executive Managing Director,
Americas - Todd Parsons, Chief Product Officer
- Sarah Glickman, Chief Financial Officer
During this strategic update, management will discuss Criteo's differentiation, AI-driven product innovation and multiple growth drivers in Retail Media.
The recording will be available for replay after the event.
About Criteo
Criteo (NASDAQ: CRTO) is the global commerce media company that enables marketers and media owners to drive better commerce outcomes. Its industry leading Commerce Media Platform connects thousands of marketers and media owners to deliver richer consumer experiences from product discovery to purchase. By powering trusted and impactful advertising, Criteo supports an open internet that encourages discovery, innovation, and choice. For more information, please visit www.criteo.com.
Contacts
Criteo Investor Relations
Melanie Dambre, m.dambre@criteo.com
Criteo Public Relations
Jessica Meyers, j.meyers@criteo.com
Forward-Looking Statements Disclosure
This press release contains forward-looking statements, including our expectations regarding our market opportunity and future growth prospects and other statements that are not historical facts and involve risks and uncertainties that could cause actual results to differ materially. Factors that might cause or contribute to such differences include, but are not limited to: failure related to our technology and our ability to innovate and respond to changes in technology, uncertainty regarding our ability to access a consistent supply of internet display advertising inventory and expand access to such inventory, including without limitation uncertainty regarding the timing and scope of proposed changes to and enhancements of the Chrome browser announced by Google, investments in new business opportunities and the timing of these investments, whether the projected benefits of acquisitions materialize as expected, uncertainty regarding international growth and expansion (including related to changes in a specific country's or region's political or economic conditions), the impact of competition, uncertainty regarding legislative, regulatory or self-regulatory developments regarding data privacy matters and the impact of efforts by other participants in our industry to comply therewith, the impact of consumer resistance to the collection and sharing of data, our ability to access data through third parties, failure to enhance our brand cost-effectively, recent growth rates not being indicative of future growth, our ability to manage growth, potential fluctuations in operating results, our ability to grow our base of clients, and the financial impact of maximizing Contribution ex-TAC, as well as risks related to future opportunities and plans, including the uncertainty of expected future financial performance and results and those risks detailed from time-to-time under the caption "Risk Factors" and elsewhere in the Company's SEC filings and reports, including the Company's Annual Report on Form 10-K filed with the SEC on February 23, 2024, and in subsequent Quarterly Reports on Form 10-Q as well as future filings and reports by the Company. Importantly, at this time, macro-economic conditions including inflation and fluctuating interest rates in the
Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, changes in expectations or otherwise.
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SOURCE Criteo Corp
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