As online retail subscriptions gain share from physical stores, Chewy is leveraging its Autoship auto-fill program to win customers from its more traditional competitors. The company shared in a letter to shareholders accompanying its fourth quarter and full year fiscal 2023 financial results Wednesday (March 20)...
Toast’s latest quarterly earnings were marked by the announcement of a 10% headcount reduction, even as subscription revenues increased but growth across some metrics slowed. As reported Thursday (Feb. 15) after the markets closed, the company said it was trimming 550 positions. CEO Aman Narang...
Delta Air Lines has said that recent changes to its frequent-flier program have received mostly negative feedback from travelers. In response to this feedback, Delta CEO Ed Bastian has said the airline went “too far” with the changes and has announced that modifications will be made...
Walmart’s second quarter fiscal year 2024 results show a continued trend in strong spending on groceries — and a widening embrace of digital channels by consumers to get the daily shopping done, including across third-party marketplace offerings. Materials released by the company alongside earnings on Thursday...
February 08, 2019
If bad days are measured by declines in stock market prices, then yesterday (Feb. 7) was a really bad day for Grubhub. It was the day that the online food aggregator announced its earnings, with misses on both revenue and earnings predictions, topped off by guidance that was well below Wall Street estimates. Investor reaction to […]
September 27, 2023
Delta Air Lines has said that recent changes to its frequent-flier program have received mostly negative feedback from travelers. In response to this feedback, Delta CEO Ed Bastian has said the airline went “too far” with the changes and has announced that modifications will be made in the coming weeks, The Wall Street Journal (WSJ) reported Wednesday […]
April 28, 2022
Twitter has said it overstated its audience figures for almost three years, last year by nearly 2 million users, a Financial Times report said Thursday (April 28). This comes as...
April 27, 2022
Payment provider Fiserv has reported financial results for the first quarter of 2022, looking toward a good outlook for 2022 in spite of various challenges. The company said there were...
May 18, 2020
Japanese multinational conglomerate SoftBank Group posted a record-breaking $18 billion operating loss right after Alibaba co-founder Jack Ma announced he was stepping down from the board, according to a company...
