Groupon bull who saw his shares triple says he’s not selling

Vlad Schepkov

Thu, May 8, 2025, 1:07 PM 3 min read

Shares of Groupon Inc (NASDAQ:GRPN) are trading sharply higher connected Thursday, up arsenic overmuch arsenic 37%, aft the institution reported upbeat archetypal 4th results.

The coupon and discounts marketplace posted Q1 gross of $117.2M, up of $115.5M the analysts had anticipated. Even much notably, GRPN delivered a astonishment profit, reporting EPS of $0.18, acold supra the projected nonaccomplishment of $0.11.

The institution besides achieved important improvements crossed respective cardinal metrics, specified arsenic posting archetypal double-digit billings maturation successful North America since 2017, and seeing affirmative quarter-over-quarter maturation successful its progressive customers base.

With the shares up astir 100% YTD, it’s an breathtaking clip for Groupon investors, and astatine slightest 1 of them says it’s conscionable the beginning.

Windward Management, a Florida-based activistic fund, has been 1 of the earlier and much vocal Groupon bulls.

The fund, headed by its CIO Marc Chalfin, disclosed a involvement successful the institution backmost successful December 2023.

Accompanying the disclosure was Chalfin’s broad missive to GRPN’s absorption that tin beryllium summed up into a reasonably elemental concern thesis - adjacent with outer headwinds contiguous astatine the time, the company’s operations are sustainable if managed well. Should immoderate of those headwinds crook into tailwinds - Groupon tin go a turnaround story, and a lucrative concern opportunity.

Windward, which was buying shares arsenic debased arsenic $3, had an mean of astir $6.50 astatine the time. With the banal nearing $24 successful today’s trading, the money is up good implicit threefold connected its investment. And Chalfin says he’s not selling.

Investing.com had a accidental to speech to Marc Chalfin astir his investment, yesterday’s net report, and Groupon’s future.

The caput of Windward noted that the existent banal show is the culmination of 2 cardinal themes helium outlined successful his missive 1 and fractional years ago: the solution of structural issues astatine the company, and the betterment successful the macro backdrop.

He notes that implicit the past year, the caller absorption has stopped the currency burn, importantly eased the indebtedness overhang, and was capable to revamp Groupon’s algorithms to marque definite clients get relevant, converting products and deals. The upcoming update to the mobile experience, which drives two-thirds of Groupon’s transactions, whitethorn service arsenic yet different income catalyst.

Additionally, Chalfin praised the company’s improving metrics specified arsenic maturation successful North America, accelerating planetary performance, arsenic good arsenic the enlargement of the endeavor business, which successful Windward’s presumption volition marque revenues much predictable.