Earnings

Earnings
Darden: Restaurant Customers Skip the Fancy Wine Amid Financial Challenges
September 21, 2023

As consumers struggle with ongoing budgetary pressures, many are reining in their alcohol spending at nice restaurants by sticking to more budget-friendly brands, Darden Restaurants observed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Earnings
Cracker Barrel Sees Consumer Belt-Tightening Impede Summer Dining Bump
September 13, 2023

Typically, restaurants see sales rise during the summer, but as consumers’ financial challenges persist, Cracker Barrel is seeing its customers continue to pull back. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Earnings
Casey’s Competes With QSRs to Draw New Customers Into the Fold
September 12, 2023

As convenience retailers look to compete with quick-service restaurants (QSRs), Casey’s General Stores is seeing its pizza business bring new customers to its stores and digital platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Earnings
Kroger Feels Impacts of Low-Income Shoppers’ Trade-Down Amid SNAP Cuts
September 08, 2023

With many low-income consumers struggling with the impacts of the reduction in their benefits, Kroger is seeing its more budget-pressured customers pull back. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Earnings
Lululemon’s Accessories Spark Cult-Like Following With 44% Surge in Sales
September 01, 2023

If it wasn’t the Lululemon Aligns for women or ABC pants for men that kept consumers come back, it’s the accessories.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Earnings
Campbell’s Sees Consumers Sacrificing Ready-to-Eat Meals as Inflation Continues
August 31, 2023

As this period of inflation stretches on, Campbell’s is seeing budget-constrained consumers beginning to give up the convenience of prepared meals in favor of more affordable home cooking options. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Earnings
New Stores Drive Growth for Five Below 
August 30, 2023

In May, Five Below revealed its intentions to grow by leveraging Simon’s retail portfolio, which includes its Premium Outlets. This approach has been recognized as the means by which the specialty discount retailer aims to propel its growth.  Get the Full Story Complete the form...

Earnings
Chewy Posts Double-Digit Q2 Gains as Pet Retailer Prepares for Canada Launch
August 30, 2023

Florida-based online pet retailer Chewy reported “solid” second quarter 2023 financial results on Wednesday (Aug. 30), driven by strong performance in non-discretionary consumables and healthcare categories and the popularity of its Autoship pet supplies delivery service. Get the Full Story Complete the form to unlock this...

Earnings
Salesforce Reports AI Innovation Propels Growth
August 30, 2023

Salesforce’s fiscal 2024 second-quarter results showcase its focus on artificial intelligence (AI) innovation and its transformation to profitable growth. 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...