Key Highlights

  • Logitech (NASDAQ:LOGI) reports after the close on Tuesday, October 27, 2026, with consensus non-GAAP earnings of USD 1.33 per share against USD 1.85 in the first quarter, which included USD 61 million of tariff refunds.
  • Perfect Corp. (NYSE:PERF) reports before the open the same day with consensus earnings of USD 0.02 per share, after a second quarter that was in line on earnings but short on revenue.
  • Travelzoo (NASDAQ:TZOO) also reports before the open against a loss estimate of USD 0.12 per share, after second-quarter revenue fell 3% to USD 23.2 million and the shares fell about 26%.
  • The common theme is consumer-facing spend: hardware prices, brand marketing budgets and travel advertising all depend on consumer confidence, which is sensitive to borrowing costs after the rate rise to a range of 3.75% to 4.00%.

Logitech (NASDAQ:LOGI): tariff refunds and a supplier gap

Logitech International S.A. (NASDAQ:LOGI) designs computer peripherals such as mice, keyboards, webcams and headsets, and it reports fiscal second-quarter results after the close on Tuesday, October 27, 2026. Consensus calls for non-GAAP earnings of USD 1.33 per share. In its release of Tuesday, July 28, 2026, the company reported first-quarter sales of USD 1.23 billion, up 7% in US dollars and 5% in constant currency, with a non-GAAP gross margin of 49.8%. It guided the second quarter to sales of USD 1,185 million to USD 1,220 million, or growth of 0% to 3%, and operating income of USD 185 million to USD 210 million. Results cannot be known in advance.

The first-quarter result of USD 1.85 per share was flattered by USD 61 million of tariff refunds, so the step down to a USD 1.33 consensus is largely mechanical. The larger swing factor is supply: a semiconductor supplier incident is expected to remove about USD 20 million of second-quarter sales, and management indicated that the third quarter could lose up to USD 200 million before the issue is largely resolved by the fourth quarter. The company does not issue a formal full-year outlook, but it expects the full-year non-GAAP operating margin to track near the high end of its long-term range of 15% to 18%.

The bull case is sales in the upper half of the guided range and a gross margin near 49% without refunds, which would show a timing shortfall rather than lost demand. The bear case is a third-quarter outlook near the USD 200 million downside, or promotional pricing ahead of the holiday season, which could pressure the stock even on an in-line quarter.

Perfect Corp. (NYSE:PERF): AI beauty software and brand budgets

Perfect Corp. (NYSE:PERF) provides artificial intelligence and augmented reality software that lets shoppers try cosmetics, skincare and accessories virtually, and it is scheduled to report third-quarter 2026 results before the open on Tuesday, October 27, 2026. Consensus estimates call for earnings of USD 0.02 per share. At the second-quarter report in late July, earnings were in line with expectations, while revenue fell short of the consensus and was described as flat. The shares edged higher after that report. The quarterly estimate is small enough that rounding matters. Results cannot be known in advance.

The company sells to beauty and fashion brands, mostly through subscriptions and software licences, so recurring revenue and customer count are the key measures. Subscription revenue gives visibility, but the business depends on the marketing budgets of large beauty groups, which can be cut when consumer demand weakens. Gross margin has strengthened because software costs are largely fixed, so extra revenue falls quickly to profit. A flat top line with a rising margin supports profit, but investors want growth to return.

The bull case is a return to revenue growth and a rise in subscription customers, which could lift the shares because it would show the artificial intelligence strategy converting into sales. The bear case is another revenue shortfall or weaker guidance, which would likely pressure the shares because growth is the main support for a small-cap software valuation.

Travelzoo (NASDAQ:TZOO): a membership pivot in a weak quarter

Travelzoo (NASDAQ:TZOO) publishes travel and leisure deals and sells advertising to travel suppliers, and it is scheduled to report third-quarter results before the market open on Tuesday, October 27, 2026. Consensus estimates call for a loss of USD 0.12 per share. In the second quarter, announced in the release of Tuesday, July 28, 2026, revenue of USD 23.2 million was down 3% and the result fell short of consensus estimates for both revenue and earnings. The shares fell about 26% on the news. Results cannot be known in advance.

The company has historically earned most of its revenue from advertising fees paid by hotels, airlines and tour operators. The new strategy puts paid membership at the centre. Membership revenue is recognised over the subscription period while the cost of acquiring members is incurred upfront, so margins fall before they can recover. Investors therefore judge the quarter on membership growth, the cost of acquiring each member and the rate at which advertising declines.

The bull case is membership sign-ups ahead of plan with the loss close to or narrower than USD 0.12, which after a 26% fall could prompt a rebound in a thinly traded stock. The bear case is a second consecutive revenue decline or a wider loss, which could extend the sell-off. Travel demand and consumer confidence influence both advertisers and subscribers, so they remain the wider drivers.

Where Things Stand

The answer is that none of the three can rely on demand alone, because each result carries a quality-of-earnings question tied to consumer-facing spend. Logitech (NASDAQ:LOGI) needs gross margin to hold without tariff refunds and a third-quarter supply loss smaller than USD 200 million. Perfect Corp. (NYSE:PERF) needs revenue to return to growth, and Travelzoo (NASDAQ:TZOO) needs evidence that paid memberships are building quickly enough to offset slower advertising. Higher borrowing costs weigh on household budgets, so guidance for the holiday period is likely to carry as much weight as the quarter itself.

The next catalysts are the Perfect Corp. and Travelzoo releases before the open and the Logitech release after the close on Tuesday, October 27, 2026, followed by the Federal Reserve decision on Wednesday, October 28, 2026. Consensus figures and guidance are estimates, not guarantees, and this is not investment advice.