Tripadvisor Inc
TRIP: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| cw# | LOCK|$b^ | LOCK|R%f^gS |
Tripadvisor Earnings: Prudent Allocation Shift to Experiences From Competitive Meta Business
Tripadvisor's third-quarter sales increased 4%, led by 9% growth in experiences (41% of EBITDA in the quarter). EBITDA margins were down 80 basis points to 22.2% on higher marketing spending. The company announced a strategic realignment that will focus resources on its experiences business.
