Kohl’s reported second-quarter 2025 earnings results Wednesday (Aug. 27) that reflected strength in digital sales and demand for the company’s proprietary offerings, despite an environment of cautious consumer spending in an age of tariff volatility. Net sales were down by 5.1% to $3.3 billion, and...
MongoDB saw its revenue increase by 24% year over year during the quarter ended July 31, in part because it gained new customers who are using its databases to build artificial intelligence applications. The company’s MongoDB Atlas, a multi-cloud database described as “AI-ready,” saw its...
Cloud banking solution provider nCino plans to add sophisticated artificial intelligence (AI) capabilities and fully agentic workflows to its Banking Advisor product during the next quarter. Sean Desmond, CEO at nCino, said Tuesday (Aug. 26) during the company’s quarterly earnings call that nCino expects AI...
Temu parent company PDD Holdings saw its revenue grow but its operating profit fall during the second quarter, with executives saying the company is investing in “long-term impact.” PDD Holdings’ revenue grew 7% year over year during the quarter to reach about 104 billion yuan ($14.5...
BJ’s Wholesale Club says memberships have jumped 55% since the company went public. The warehouse retailer released earnings on Friday (Aug. 22) showing a new membership milestone of 8 million, with 90% of those members renewing their subscription. The company’s comparable store sales were down...
There was a lot to digest on Target’s second-quarter 2025 earnings call Wednesday (Aug. 20), as the retail giant posted data that showed consumers pulling back. Same-store sales dipped year over year. Guidance looked for the pullback to continue, although there has been a slight...
Do-it-yourself (DIY) homeowners may think they’re the prime Home Depot customers, but the company’s growth story is being built around a different vertical: the professional builder. Home Depot told investors during a Tuesday (Aug. 19) second-quarter 2025 earnings call that while weekend warriors are still...
Today’s uncertain macro environment is increasingly revealing the growing pains of legacy industries. After all, against a backdrop where global trade is buffeted by geopolitical tensions, evolving tariffs and shifting digital transformation trajectories, the limitations of traditional processes and paper-based workflows can be seen in stark...
Adyen said Thursday (Aug. 14) that it saw growth in its key metrics in the first half as its embedded finance platform added new customers and increased its wallet share with existing ones. These gains overcame the challenges the company faced in terms of slower...