Best Buy reported better-than-expected second quarter 2023 financial results on Tuesday (Aug. 29), attributing it to the company’s “strong operational execution” and the ability to balance industry sales pressure with strategic investments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Global financial technology platform Intuit, known for products like TurboTax, Credit Karma, QuickBooks and Mailchimp, has reported significant growth in revenue and earnings for the fourth quarter and full year results of 2023. Get the Full Story Complete the form to unlock this article and enjoy...
Affirm posted results Thursday evening (Aug. 24) that showed continued embrace of buy now, pay later (BNPL) — and repeat transactions per active customer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Pet health and wellness company Petco announced second-quarter 2023 earnings results on Thursday (Aug. 24), showcasing strong top line results and free cash flow despite navigating a shift in consumer spending and pressures on its discretionary business. Get the Full Story Complete the form to unlock this article and...
Shoppers are exercising increased prudence in terms of nonessential expenditures. This trend is a hot topic within the retail sector, from everyday grocery shopping to high-end luxury purchases. However, if the nonessential product you offer aligns with consumer priorities, you’re in a favorable position. This...
Consumers are cautious these days about their spending. 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...
Membership chains such as BJ’s Wholesale Club are seeing the gains they made at the highest points of grocery inflation hold strong, even as price increases moderate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
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 agree to receive marketing communications from PYMNTS and...
As prices rise, consumers have found themselves grappling with the dilemma of spending in the face of uncertainty. This has led to a shift in shopping patterns, particularly in favor of off-price retailers offering discounted luxury items and home goods. Get the Full Story Complete...
