Flight Centre Travel Group's Fiscal 2026 a Slight Miss Due to Leisure Segment Data, Foreign Exchange, RBC Capital Markets Says

MT Newswires Live

Yesterday

Flight Centre Travel Group's (ASX:FLT) fiscal 2026 was a slight miss, impacted by worse-than-expected leisure division data and foreign exchange, RBC Capital Markets said in a Wednesday note.

However, the leisure segment appears to be back with record July total transaction value (TTV) above its pre-COVID-19 peak and the strongest profits since July 2015. Underlying profit before tax was adversely impacted by AU$5 million due to unfavorable foreign exchange translation.

Meanwhile, the corporate division beat expectations in fiscal 2026. In fiscal 2027, the division will see a second half skew due to foreign exchange, front-loaded expansionary costs, and win timing.

The brokerage reaffirmed Flight Centre with an outperform rating and a price target of AU$14.

The travel group's shares tumbled 8% in recent Wednesday trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://sg.tigermarketb.com/news/2662625917"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2662625917\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2662625917?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-26 12:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2662625917","market":"sh","top_or_hot":-1,"title":"Flight Centre Travel Group's Fiscal 2026 a Slight Miss Due to Leisure Segment Data, Foreign Exchange, RBC Capital Markets Says","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/FGETF\">Flight Centre Travel</a> Group's (ASX:FLT) fiscal 2026 was a slight miss, impacted by worse-than-expected leisure division data and foreign exchange, RBC Capital Markets said in a Wednesday note.</p><p>However, the leisure segment appears to be back with record July total transaction value (TTV) above its pre-COVID-19 peak and the strongest profits since July 2015. Underlying profit before tax was adversely impacted by AU$5 million due to unfavorable foreign exchange translation.</p><p>Meanwhile, the corporate division beat expectations in fiscal 2026. In fiscal 2027, the division will see a second half skew due to foreign exchange, front-loaded expansionary costs, and win timing.</p><p>The brokerage reaffirmed Flight Centre with an outperform rating and a price target of AU$14.</p><p>The travel group's shares tumbled 8% in recent Wednesday trade.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Flight Centre Travel Group's Fiscal 2026 a Slight Miss Due to Leisure Segment Data, Foreign Exchange, RBC Capital Markets Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFlight Centre Travel Group's Fiscal 2026 a Slight Miss Due to Leisure Segment Data, Foreign Exchange, RBC Capital Markets Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-08-26 12:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/FGETF\">Flight Centre Travel</a> Group's (ASX:FLT) fiscal 2026 was a slight miss, impacted by worse-than-expected leisure division data and foreign exchange, RBC Capital Markets said in a Wednesday note.</p><p>However, the leisure segment appears to be back with record July total transaction value (TTV) above its pre-COVID-19 peak and the strongest profits since July 2015. Underlying profit before tax was adversely impacted by AU$5 million due to unfavorable foreign exchange translation.</p><p>Meanwhile, the corporate division beat expectations in fiscal 2026. In fiscal 2027, the division will see a second half skew due to foreign exchange, front-loaded expansionary costs, and win timing.</p><p>The brokerage reaffirmed Flight Centre with an outperform rating and a price target of AU$14.</p><p>The travel group's shares tumbled 8% in recent Wednesday trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0029864427.USD","symbol_name":"TEMPLETON GLOBAL \"A\" (USD) INC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2662625917","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2662625917","pubTimestamp":1787719253,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Flight Centre Travel Group's (ASX:FLT) fiscal 2026 was a slight miss, impacted by worse-than-expected leisure division data and foreign exchange, RBC Capital Markets said in a Wednesday note.However, ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","GSIB":"THEMES GLOBAL SYSTEMICALLY IMPORTANT BANKS ETF","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","BK4207":"综合性银行","FLT.AU":"FLIGHT CENTRE TRAVEL GROUP L","BK7070":"酒店、度假村与豪华游轮","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","LU1267930573.SGD":"TEMPLETON GLOBAL \"AA\" (SGD) ACC A"},"translate_title":"加拿大皇家银行资本市场表示，由于休闲部门数据和外汇，Flight Centre Travel Group 2026 财年略有下滑","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FLT.AU":1,"GSIB":0.6},"content_text":"Flight Centre Travel Group's (ASX:FLT) fiscal 2026 was a slight miss, impacted by worse-than-expected leisure division data and foreign exchange, RBC Capital Markets said in a Wednesday note.However, the leisure segment appears to be back with record July total transaction value (TTV) above its pre-COVID-19 peak and the strongest profits since July 2015. Underlying profit before tax was adversely impacted by AU$5 million due to unfavorable foreign exchange translation.Meanwhile, the corporate division beat expectations in fiscal 2026. In fiscal 2027, the division will see a second half skew due to foreign exchange, front-loaded expansionary costs, and win timing.The brokerage reaffirmed Flight Centre with an outperform rating and a price target of AU$14.The travel group's shares tumbled 8% in recent Wednesday trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}