Earnings

Earnings
Costco Reports 90.6 Pct Spike In eCommerce Amid Pandemic
September 24, 2020

Costco Wholesale Corp. reported on Thursday (Sept. 24) that its eCommerce sales spiked 90.6 percent in its fourth quarter. 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...

Earnings
Olive Garden Parent Darden Says Digital Accounted For More Than Half Of Off-Premise Sales
September 24, 2020

Darden Restaurants reported on Thursday (Sept. 24) that over half of its combined off-premise sales at its three largest brands during the company’s fiscal Q1 were completely digital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Earnings
Big Digital Shift Powers Kroger’s Strong Q2 Earnings
September 11, 2020

The digital shift is alive and well at Kroger. The company announced Friday (Sept. 11) as part of its Q2 earnings report that it saw a 127 percent jump in eCommerce revenue that Kroger expects will be a “lasting and structural” change in its business...

Earnings
Peloton Passes 1 Million Connected Customer Mark
September 10, 2020

The digital beat goes on for Peloton as the connected fitness company sprinted past expectations for its Q4 as well as aggregated metrics for its full fiscal year 2020. Almost all of Peloton’s KPIs came in at triple-digit increases as its connected fitness subscription base...

Earnings
Lululemon Athletica Reports $554.3M In D2C Revenue
September 08, 2020

Lululemon Athletica reported Tuesday (Sept. 8) that direct-to-consumer (D2C) net revenue was $554.3 million for the second quarter, which concluded Aug. 2, marking a 155 percent rise from the same quarter last year, according to an announcement. Get the Full Story Complete the form to...

Earnings
Klarna Sees 615 Pct Increase In Net Losses
August 27, 2020

Klarna, the Swedish-based global payments and by now, pay later (BNPL) provider, reported mixed results for 2020’s first half — a 37 percent jump in operating income, but a 903 percent expansion in overall operating losses. Get the Full Story Complete the form to unlock...

Earnings
1-800-Flowers.com Reports Record Sales In Q4 And For The Year
August 27, 2020

The COVID-19 pandemic may have spurred Americans to purchase flowers for ailing friends and family. 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,...

Earnings
Nordstrom Misses Big On Earnings And Digital Shift
August 25, 2020

The digital shift hasn’t quite found its way to Nordstrom, but the company said it’s getting there. 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...

Earnings
Alibaba’s Annual Active Consumers On China Marketplaces Hit 742M
August 20, 2020

Alibaba Group Holding Co. reported results on Thursday (Aug. 20) that suggested that the company benefited from the digital shift that has been quickened by the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...