Showing the enduring strength of the in-store experience, Kohl’s reported an improvement in its first-quarter performance compared to last year and plans to further enhance its physical stores, including a large commitment to self-checkout options. On an earnings call with investors and analysts on Wednesday (May 24), Kohl’s CEO Tom...
The pandemic home improvement wave has crested, as evidenced by first quarter results reported by The Home Depot, which is seeing a deceleration in its pro and DIY segments. After experiencing overall growth of 43% in the past three years, during its Q1 2023 earnings...
From luxury fashion to tequila, Shopify remains a popular choice among celebrities for launching brands. During the first quarter of 2023, Mary-Kate and Ashley Olsen’s luxury fashion brand, The Row, John Legend’s Loved01, and Kendall Jenner’s tequila brand 818, all opted to launch on the...
As continued grocery inflation affects more consumers’ shopping habits, PepsiCo is facing new private-label competition. The multinational food and beverage giant shared on a call with analysts Tuesday (April 25), discussing its first quarter 2023 financial results, that it is beginning to face new challenges from retailers’...
May 06, 2020
LendingClub posted first-quarter earnings results Tuesday (May 5) that showed a high single-digit percentage decline in loan originations as consumers held back, investors shied away from debt markets and an unprecedented set of headwinds tied to the coronavirus hit the firm’s revenues. The pact to buy Radius Bank remains on track, with closing targeted within […]
April 29, 2020
Call it a tale of two quarters – or, more specifically, a quarter that can be divided into “before coronavirus” and “during coronavirus.” Alphabet, the parent company of Google, gave...
January 30, 2020
PayPal put on a strong finish to 2019, managing to beat analyst estimates nearly across the board in terms of revenue, active usership and total payments volume processed. However, despite...
May 31, 2019
All eyes were on Uber's first quarterly report as a publicly traded company. Management pointed to some improvements in the competitive pricing dynamics in ridesharing that may help soothe red...
November 01, 2023
Brinker International, the parent company of casual restaurant chains Chili’s and Maggiano’s, reported strong performance and growth for the quarter ended Sept. 27. During a Wednesday (Nov. 1) earnings call, company executives discussed the firm’s strategic initiatives and operating performance, highlighting a 6% comparable sales growth. They said this growth can be attributed to Brinker International’s long-term strategy, […]
July 27, 2020
Digital commerce has skyrocketed at Albertsons, as the supermarket giant posted a triple-digit increase in online sales for its most recent quarter amid soaring demand for grocery delivery and curbside...
July 01, 2020
Macy’s Inc. recognized a $3.1 billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus health crisis. The department store...
June 14, 2020
Stimulus payments to taxpayers totaling $267 billion was not enough to avoid a decline in household net worth in the first quarter on 2020, the largest drop since records began...
