Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Sluggish consumer spending has caused Lightspeed Commerce Inc. to lower its outlook for the year ahead https://t.co/bZfYoohIsb
Montreal-based Lightspeed Commerce has downgraded its growth expectations on the back of deteriorating macroeconomic conditions, which are weighing on consumer confidence and spending. https://t.co/PBeR4P5HKz
Lightspeed Commerce cuts revenue outlook for 2025 financial year as it sees worsening economic conditions https://t.co/5O5HQOVOMZ
Lightspeed Commerce Inc. has revised its revenue outlook for Fiscal 2025, now projecting year-over-year growth of approximately 18%, down from the previously expected 20%. The Montreal-based company cited worsening economic conditions that are impacting consumer confidence and spending as the primary reasons for this downgrade. This adjustment reflects the broader trend of sluggish consumer spending affecting various sectors.