Earnings

Earnings
Lowe’s Targets Smaller Pros for Bigger B2B Growth
May 21, 2024

The home improvement sector is getting its affairs in order while eyeing a macro improvement. 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
Zoom Doubles Down on AI Strategy to Fuel Future Growth
May 21, 2024

Zoom is making a bet that artificial intelligence will be the key to driving growth and expanding its business beyond video conferencing. The video communications company’s first-quarter earnings call was dominated by discussions of AI, with executives highlighting Zoom’s significant investments in the technology and...

Earnings
Freightos’ Growth Underscores Freight Sector’s Digital Embrace
May 20, 2024

For freight-forwarding platforms, the world is their oyster. 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, PYMNTS Today. By completing this form, you...

Earnings
Mytheresa: The Aspirational Luxury Shopper Is Coming Back
May 16, 2024

After years of financial challenges (and consequent consumer cutbacks) prompting luxury merchants to focus more on shoppers with plenty of cash to burn, it seems the aspirational customer is beginning to return. Get the Full Story Complete the form to unlock this article and enjoy...

Earnings
Walmart’s Q1 Earnings Show Caution on Consumer Spending
May 16, 2024

Walmart reported better than expected Q1 earnings Thursday (May 16) but that’s not the most important story. The earnings announcement and subsequent analyst call showed a price-driven retailer making adjustments to its core business model in the interest of driving long-term revenue growth in the...

Earnings
Grab’s Path to Profitability Paved by Operating Leverage and AI
May 16, 2024

In a dynamic operating environment, the path to profitability requires focus and discipline. 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, PYMNTS Today. By completing...

Earnings
Bakkt: Institutional Investors to Drive Growth in Crypto Trading Market
May 15, 2024

Institutional investors are going to play a bigger role in the cryptocurrency trading market, Bakkt said Wednesday (May 15) when announcing its latest quarterly results. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Earnings
Alibaba: Trust Is Make-or-Break for eCommerce Shoppers in China
May 14, 2024

Amid Alibaba’s declining profits, the eCommerce giant is seeing its online shoppers’ spending habits depend heavily on how trustworthy they feel the platform is. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Earnings
Ant Group Earnings Fall 19% Amid Digital Wallet Efforts
May 14, 2024

Ant Group’s profits have dropped 19% as the Chinese FinTech expands its digital wallet offering. 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, PYMNTS...