It was supposed to be Mediterranean’s moment as Cava Group entered 2025 with growing momentum. After breaking the $1 billion revenue mark, the fast-casual chain, often likened to “the Chipotle of Mediterranean food,” took a tumble this quarter. According to second-quarter 2025 earnings results released Tuesday...
Klarna’s year-over-year revenue growth accelerated to 20% in the second quarter, up from 15% in the first quarter, driven by its expanding merchant ecosystem and its engagement with consumers. The global digital bank and flexible payments provider said in a Thursday (Aug. 14) press release...
Casual dining restaurant owner Brinker International said Wednesday (Aug. 13) that advertising brought more diners into its Chili’s restaurants during the quarter ended June 25, while operational improvements kept them coming back. Brinker International, which owns Chili’s and Maggiano’s, saw year-over-year comparable sales for the...
CarParts.com CEO David Meniane led the company’s Tuesday (Aug. 12) earnings call by saying that it remains engaged in exploring strategic alternatives and is “highly confident” that it is nearing completion of this process. “We’re currently evaluating several different transaction structures, including a potential sale of...
Paysafe’s shares leaped on the heels of earnings Tuesday (Aug. 12) that noted organic growth in eCommerce and digital wallets-related revenues, while transactions were higher by double digits. The earnings materials stated that the enterprise growth and sales pipelines are “robust,” and transaction volumes were 10%...
Trading and investing platform eToro is adding tokenization and artificial intelligence tools for retail investors as it continues expanding its product lineup and geographic footprint. The company said this in a Tuesday (Aug. 12) earnings release reporting second-quarter 2025 results, its first quarterly financial results...
No man is an island, but Circle Internet Group is the only publicly listed stablecoin company in the United States. Circle’s $1.2 billion IPO in June marked one of the year’s largest FinTech debuts, and on Tuesday (Aug. 12), the company’s leadership updated investors during...
Chime’s first outing as a public company was a success, and CEO Chris Britt did not hedge on ambition. He waited about 30 seconds into the company’s first earnings call to tell the audience that he wants nothing less than for Chime to become “the largest...
Instacart shoppers are ordering more often — and more carefully — as digital tools reframe how value is presented and perceived on the platform. Total orders rose 17% year over year in Q2 2025, according to Instacart parent Maplebear. CEO Fidji Simo said the company...