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Lightspeed Commerce Inc - LSPD STOCK NEWS

Welcome to our dedicated news page for Lightspeed Commerce (Ticker: LSPD), a resource for investors and traders seeking the latest updates and insights on Lightspeed Commerce.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lightspeed Commerce's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lightspeed Commerce's position in the market.

Rhea-AI Summary
Lightspeed Commerce Inc. (NYSE | TSX: LSPD) reveals insights from its Advanced Insights module, showing a significant boost in business for bars and restaurants on Thanksgiving Eve, known as 'Drinksgiving.' The data indicates a doubling of business for bars compared to the previous week and a 39% growth in total transactions across all restaurant categories. Key highlights include a 156% increase in liquor orders, 85% increase in beer sales, 69% surge in cocktail orders, and 6% growth in wine sales. The report also suggests that staying open on Thanksgiving Day can be lucrative, with a 36% increase in transactions and 109% increase in total sales. The data debunks the myth of bad tippers on Thanksgiving Day, with an average dine-in tip percentage of 18%. However, the report warns about labor shortages and retention challenges, urging businesses to prepare for the holiday rush in December.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
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none
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Rhea-AI Summary
Lightspeed Commerce Inc. (LSPD) to Participate in 2023 TD Technology Conference and Barclays Global Technology Conference, featuring speakers JD Saint-Martin and JP Chauvet. The events aim to showcase Lightspeed's unified POS and payments platform for ambitious entrepreneurs to accelerate growth and provide exceptional customer experiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.37%
Tags
conferences
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Rhea-AI Summary
Lightspeed Commerce Inc. (NYSE | TSX: LSPD) has been selected by David Jones, Australia’s leading premium department store, to digitize its merchandising and buying process as part of its Vision 2025+ strategy. This partnership will see David Jones utilizing NuORDER Assortments to streamline the buying process, replacing manual, time-consuming processes with digital tools. The technology will enable David Jones to deliver a more sophisticated omnichannel assortment, enhance collaboration with brands, and take a more customer-centric approach to range planning, ultimately ensuring a premium product offering both online and in-store.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.53%
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none
Rhea-AI Summary
Lightspeed Commerce Inc. reported total revenue of $230.3 million, a 25% YoY growth. The net loss improved by 47% YoY, and the company achieved positive Adjusted EBITDA in the quarter. GPV reached $5.9 billion, a 59% YoY increase, and GTV was $23.5 billion. ARPU increased by 26% YoY to approximately $425.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.92%
Tags
earnings
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Rhea-AI Summary
Lightspeed Commerce Inc. announces new product features to help merchants save time and focus on scaling their businesses. The features include AI-powered menu creation, self-serve assortment planning, and expansion of Lightspeed Payments. Lightspeed Restaurant introduces Smart Items for faster menu creation, Advanced Insights with Magic Menu Quadrant and Staff Performance Tools. Lightspeed Retail offers NuORDER Assortments for simplified purchasing and planning, B2B Catalog expansion across major verticals, and Services Module for selling service offerings. Lightspeed Payments expands availability globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.5%
Tags
AI
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Rhea-AI Summary
Lightspeed Commerce Inc. announces global rollout of its 'Meet or Beat Promise' for customers switching to its unified payments and POS platform. The offering has been successfully launched in North America, Europe, Australia, and New Zealand. Customers who switch to Lightspeed Payments will receive benefits such as powerful insights, streamlined bookkeeping and support, hassle-free reporting, and faster product launches. Lightspeed is also providing free payment terminals, free installation, and contract buyouts. Payout timing depends on business type.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.18%
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none
Rhea-AI Summary
Lightspeed Commerce Inc. releases data showing a boost in bar and takeout sales on Halloween night last year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
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none
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Rhea-AI Summary
Lightspeed Commerce Inc. plans to host the Lightspeed Oxygen Summit in Montreal, bringing together over 300 partners, customers, and industry leaders for three days of informative sessions and updates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.21%
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none
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Rhea-AI Summary
Lightspeed Commerce Inc. to report Q2 2024 financial results on November 2, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.4%
Tags
earnings
Rhea-AI Summary
Lightspeed Commerce Inc. released the results of its 2023 Holiday Outlook Brand Survey, revealing concerns about the impact of current economic factors on holiday sales. However, brands are focused on selling more through high-performing retailers and implementing off-price strategies to manage excess inventory. The emphasis on data sharing and collaboration between brands and retailers is growing, with a desire for a more integrated wholesale ecosystem. Balancing historical product performance with predicting future consumer behavior is crucial for success in the holiday season.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.43%
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none
Lightspeed Commerce Inc

NYSE:LSPD

LSPD Rankings

LSPD Stock Data

2.14B
114.59M
9.83%
65.41%
2.7%
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Montreal

About LSPD

we are bringing cities and communities to life by powering independent businesses. we're more than just a high-tech point of sale. we provide our customers with a simple way to build, manage and grow their retail, restaurant or ecommerce business, and create a best-in-class customer experience. our end-to-end solutions unify inventory, customer management, sales and analytics across all channels, in-store and online. want to help in our mission? join the lightspeed team in one of our offices across the globe — amsterdam, brisbane, ghent, london, montreal, new york city, olympia, ottawa.