The earnings call summary shows strong growth in key segments, record-high adjusted EBITDA, and improved advertising efficiency, despite some margin contraction. The Q&A reveals confidence in meeting or exceeding guidance, minimal tariff impact, and strategic positioning for the holiday season. Concerns about high tax expenses and activist engagement were addressed, albeit vaguely. Overall, the positive growth, strong liquidity, and strategic focus outweigh the concerns, suggesting a positive stock price reaction. Given the market cap, a 2% to 8% increase is likely.