Dividends & Buybacks ·
Commerce.com, Inc. announced a strategic operating plan to reduce costs and increase profitability, targeting…
CMRCCommerce.com, Inc.
Commerce.com, Inc. announced a strategic operating plan to reduce costs and increase profitability, targeting full-year non-GAAP operating margins of at least 20% beginning in 2027. The company expects annualized cost savings of $60 million to $80 million, with implementation expenses estimated between $4.2 million and $8.8 million in fiscal Q3 ending September 30, 2026, and $4.3 million to $17.5 million through the completion of the plan in fiscal Q4 2026. Concurrently, the Board authorized a new share repurchase program allowing for up to $50 million of common stock buybacks over two years, effective September 10, 2026. The company reaffirmed its full-year revenue guidance of $336.5 million to $344.5 million and raised non-GAAP operating income guidance by $3 million to a range of $31.0 million to $37.0 million. Commerce.com operates in the technology sector, providing an AI-driven commerce ecosystem for businesses.