CarMax stock continued to dip on Tuesday (April 12), dropping about 5% in early trading with news that its fiscal 2022 fourth-quarter earnings were lower than the year before and that they had missed most analysts’ estimates. Get the Full Story Complete the form to...
While the majority of consumers now feel comfortable going to bars and restaurants, with contagion concerns no longer having the impact on consumer mobility that they did in earlier stages of the pandemic, social habits have nonetheless changed. Get the Full Story Complete the form...
In payments, there are the disruptors — and the risk that the disruptors get disrupted. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Elon Musk, CEO of Tesla and SpaceX, has purchased a 9% stake in Twitter Inc., sending the mini-blogging social media’s stock to $49.34 per share in premarket trading, a 26% rise, The Wall Street Journal reported Monday (April 4). Get the Full Story Complete the...
Hobbies and habits picked up during quarantine continue to affect consumers’ cooking behavior, according to spices, seasonings and flavorings company McCormick & Company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
As soaring inflation has many consumers anxious about their spending, Darden Restaurants, parent company of Olive Garden and Longhorn Steakhouse, among others, is leveraging its scale to price out smaller brands. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Twice as many electric vehicles (EVs) were sold in 2021 than in the previous year, so a lot of new owners and operators are learning how to live with EVs and keep them charged. Get the Full Story Complete the form to unlock this article...
Video game retailer GameStop Corp.’s shares are up 12% early Wednesday (March 23) after surging more than 30% Tuesday, in part because Chairman Ryan Cohen said he had purchased 100,000 shares of the company’s stock Tuesday (March 22). Get the Full Story Complete the form to...
Online B2B marketplace Xometry saw its revenue increase more than 54% last year after making its debut as a public company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
