Cushioned Loss Still Stings as Home Brand Navigates Headwinds

One home goods heavyweight is cutting costs but still feeling the pinch, while a Chinese travel platform hits turbulence and a fintech firm quietly racks up profits. From housing slumps to cross-border loans, here’s what’s making noise in this morning’s roundup.

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Tuniu Corp. (NASDAQ: TOUR), a China-based online travel platform, posted a modest first-quarter loss as it continues to navigate a challenging post-pandemic tourism landscape.

The company reported a net loss of $648,000, or $0.01 per share, for the quarter ending March 31. On an adjusted basis, excluding one-time items, the loss per share was slightly less than $0.01.

Revenue came in at $16.2 million, reflecting ongoing softness in consumer travel demand and limited signs of a robust rebound despite easing global restrictions.

Tuniu specializes in curated tour packages and travel booking services for Chinese consumers, but the latest results suggest it’s still struggling to regain pre-pandemic momentum.

Shares were flat in early trading, with investors likely looking for signs of future recovery or improved cost controls in upcoming quarters. The macroeconomic environment is worth monitoring too, especially for travel companies.

Hooker Furnishings Corporation (NASDAQ: HOFT), a veteran in the home goods industry, reported a smaller first-quarter loss as it continued to tighten operations in the face of weak demand and ongoing tariff pressures.

The company reported a net loss of $3.1 million, or ($0.29) per share, for the first quarter of fiscal 2026, an improvement from a net loss of $4.1 million in the same quarter of the prior year. Net sales declined 8.8% to $85.3 million, primarily due to a significant drop at its Home Meridian unit, which targets the tariff-sensitive mid-price market.

Despite the sales slump, Hooker improved its operating loss by 31% thanks to cost-saving initiatives, including facility downsizing and workforce reductions. Gross margin improved by 180 basis points.

Looking to enhance supply chain efficiency, Hooker has begun warehousing in Vietnam and has cleared its revolving credit debt while maintaining flexibility with $40.7 million in available borrowing capacity.

The company remains cautious, citing headwinds from high mortgage rates and consumer strain, but noted strong order growth in May and highlighted a multi-phase savings plan expected to deliver $25 million in annualized savings by fiscal year 2027.

Shares are down by more than 5% in premarket trading.

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Yirendai Ltd. (NYSE: YRD), a China-based online consumer finance marketplace, reported first-quarter earnings of $34.1 million, or $0.39 per share, as the company continues to stabilize its operations following years of restructuring.

Revenue for the period reached $214.2 million, signaling continued momentum in its lending platform business despite limited public updates on borrower or loan volume metrics.

The results reflect a profitable quarter for Yirendai, though the company did not provide forward guidance or commentary on market conditions. As one of the early entrants in China’s fintech space, Yirendai has remained under the radar in recent quarters following its merger with its parent company, CreditEase, and a reduction in international investor communications.

With regulatory uncertainty still a factor in China’s peer-to-peer lending space, investors will be watching closely for further updates on the company’s loan performance, user growth, and digital ecosystem evolution.

Shares are down about 1% in early premarket trading.

Oracle shares are climbing premarket after investors cheered the cloud-computing group raising its annual revenue target amid strong enterprise demand. A turnaround in earnings and upbeat guidance has fueled the optimism.

CoreWeave has surged this morning as part of a broad AI-infrastructure rally. The AI-focused cloud provider recently reported strong quarterly growth, with revenues surging 420% year-over-year, and analysts anticipate continued demand for GPU-dense computing.

AAOI spiked in premarket on the announcement of its first volume shipment of high-speed data-center transceivers to a major hyperscaler—its first sizable sale in years. Data-center revenue rose ~25% year-over-year last quarter, aiding margin improvement.

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That’s all for today. Thank you for reading. If you have any feedback, please reply to this email.

Best Regards,

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Elite Trade Club

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