TRAVELZOO Stock Price, News & Analysis

Travelzoo (NASDAQ: TZOO) has achieved the top ranking in the 'travel deal providers' category according to DEUTSCHLAND TEST, a market research initiative by Focus Money magazine in Germany. The comprehensive study surveyed 336,000 consumers and evaluated over 1,700 companies and brands based on customer satisfaction and expectation fulfillment. Travelzoo received the highest possible rating in its category, demonstrating strong consumer trust and satisfaction in the German market.

Travelzoo (NASDAQ: TZOO) has achieved a remarkable milestone by winning the 'Best Travel Website for Travel Deals' at the British Travel Awards for the 13th consecutive year. This prestigious recognition came through a consumer-voted process that garnered over 1.2 million votes in 2024, establishing it as the UK's largest consumer-voted travel awards.

The ceremony featured comedian and BBC's King Gary star Tom Davis as presenter, with Travelzoo's UK General Manager James Clarke accepting the award. Travelzoo stands among a select few brands maintaining such a consistent winning streak at these awards.

Travelzoo (TZOO) reported Q3 2024 financial results with revenue of $20.1 million, down 2% year-over-year. The company achieved a consolidated operating profit of $4.0 million and non-GAAP operating profit of $4.9 million. Net income was $3.2 million, or $0.26 per share, compared to $0.16 in the prior year. North America revenue decreased 4% to $12.8 million, while Europe revenue increased 1% to $6.1 million. The company maintained a strong cash position with $12.1 million in cash and equivalents, generating $5.3 million in operating cash flow.

Travelzoo (NASDAQ: TZOO), the club for travel enthusiasts, has announced its Q3 2024 earnings conference call scheduled for October 23, 2024, at 11:00 AM ET. The company will release its financial results for the quarter ended September 30, 2024, before the market opens on the same day. A live webcast of the earnings call will be available at http://ir.travelzoo.com/events-presentations, with an archived version accessible through the same link within 2 hours after the call ends.

Travelzoo boasts 30 million members who receive exclusive offers and unique experiences reviewed by deal experts worldwide. The company partners with over 5,000 top travel suppliers to provide access to exceptional deals in travel, entertainment, and lifestyle experiences.

Travelzoo (NASDAQ: TZOO) reported its Q2 2024 results with revenue of $21.1 million, consistent year-over-year. The company achieved a consolidated operating profit of $4.0 million and a non-GAAP operating profit of $4.8 million. Earnings per share (EPS) increased to $0.23, up from $0.17 in the prior-year period. Cash flow from operations was $3.1 million.

Travelzoo's North America segment revenue remained stable at $14.1 million, while Europe saw a 1% increase to $6.0 million. Jack's Flight Club, in which Travelzoo has a 60% stake, grew revenue by 9% to $1.1 million. The company's global membership remained steady at 30.8 million.

Looking ahead, Travelzoo expects revenue growth in Q3 2024, albeit at a slower pace than in 2023, with higher profitability year-over-year. The company anticipates substantial revenue growth in 2025 due to additional membership fee revenue.

Travelzoo (NASDAQ: TZOO), the club for travel enthusiasts, has announced its Q2 2024 earnings conference call scheduled for July 25, 2024, at 11:00 AM ET. The company will release its financial results for the quarter ended June 30, 2024, before the market opens on the same day. A live webcast of the earnings call will be available at http://ir.travelzoo.com/events-presentations and will be archived within 2 hours of the call's conclusion.

Travelzoo boasts 30 million members who receive exclusive offers and unique experiences reviewed by deal experts worldwide. The company partners with over 5,000 top travel suppliers to provide access to exceptional deals in travel, entertainment, and lifestyle experiences.

Travelzoo (NASDAQ: TZOO) has announced the hiring of Matt Epstein as Chief Transformation Officer, effective June 12, 2024. Epstein will be part of the global executive team in New York City, focusing on accelerating new developments in Travelzoo's membership. He joins from Walmart where he served as Vice President, Walmart+ Member Experience, Care, and Retention. Epstein has previously held senior roles at SiriusXM Radio and Amazon. He holds an MBA from Darden Graduate School of Business. As part of his compensation, Epstein will receive an option to purchase 100,000 shares of Travelzoo's common stock, vesting over four years. Travelzoo's Global CEO, Holger Bartel, expressed enthusiasm about Epstein's appointment, highlighting its strategic timing amid the company's expansion efforts.

Travelzoo® (TZOO) has initiated a share repurchase program, allowing the buyback of up to 1,000,000 shares of its common stock. The repurchases will be funded through available cash and conducted based on various factors, such as cash balances, market conditions, and alternative investment opportunities.