Adding higher-priced products and catering to middle- and high-income consumers helped drive sales growth across the Macy’s, Inc. brands in the second quarter, executives said Thursday (Sept. 10) during an earnings call. Macy’s, Inc. saw growth across all its brands, including Macy’s, Bloomingdale’s and Bluemercury,...
nCino reported higher revenue and profitability for its fiscal second quarter while authorizing another $100 million for share repurchases, as the banking software provider pointed to growing customer commitments to its artificial intelligence capabilities. According to FinTech Global, nCino’s total revenue for the three months...
GameStop’s multibillion-dollar investment in eBay could signal a shift in its pursuit of the online marketplace from would-be acquirer to influential shareholder, while giving the video game retailer a significant foothold in digital commerce. GameStop said Monday (Aug 31) in its preliminary second quarter results...
TD Bank Group delivered 195 million Canadian dollars (about $141 million) in artificial intelligence value in the first three quarters of its fiscal year 2026, according to a third-quarter earnings presentation released Thursday (Aug. 27). The move puts the company ahead of the pace needed...
Dollar Tree continues to attract middle-income and higher-income shoppers as consumers deal with inflation. The discount retailer reported earnings Thursday (Aug. 27) showing its total sales for the second quarter climbing 7%. “The consumer environment remains dynamic,” CEO Mike Creedon said during an earnings call. “Customers continue managing household...
Earnings season is showing that bank modernization demand is landing in faster payments, cloud and digital banking, and artificial intelligence tools aimed at credit, fraud and other defined operating workflows. The pattern is visible in results and management commentary from Jack Henry, FIS and nCino....
Best Buy is reaching customers in new ways, both in stores and online, executives said Thursday (Aug. 27) during the specialty consumer electronics retailer’s quarterly earnings call. Best Buy has begun rolling out a new conversational artificial intelligence assistant called Ask Blue. The assistant can...
Kohl’s sales continue to slip as its shoppers continue to face household budgetary pressures. The department store chain reported quarterly earnings Wednesday (Aug. 26) showing a 0.9% decrease in both net and comparable sales, marking the 18th straight quarter in which Kohl’s has seen revenues...
Early adopters of nCino’s agentic solutions and other artificial intelligence initiatives for financial institutions have used up their first bundles of credits and have come back for more, nCino CEO Sean Desmond said Tuesday (Aug. 25) during an earnings call. “I mentioned during our first...